Bessemer, MI Real Estate
According to census data in the year 2000 there were 1,189 housing units in Bessemer.
This represents a 1.3% decline from 1,205 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 1,189 were located in what is classified as a rural area.
Homeownership rate in Bessemer is about 73.7%.
Bessemer's vacancy rate, including seasonal lodging, is about 17.8%.
Average household size is 2.2 people.
The majority of houses, apartments or condos in Bessemer were built after 1942.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 14% |
| Two Bedrooms | 28.20% |
| Three Bedrooms | 44.20% |
| Four Bedrooms | 11% |
| Five Bedrooms or more | 2.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.28 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $39,100 |
| Median Price asked for vacant units | $18,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.96 |
| Median year structure was built | 1948 |
| Median Monthly Rent asked for vacant units | $250 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.20% |
| Home Equity Loan | 1.90% |
| Simple Mortgage | 36.90% |
| Debt Free | 58.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.9% |
