Boyne Falls, MI Real Estate
According to census data in the year 2000 there were 201 housing units in Boyne Falls.
This represents a 10.4% growth from 182 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 201 were located in what is classified as a rural area.
Homeownership rate in Boyne Falls is about 74.1%.
Boyne Falls's vacancy rate, including seasonal lodging, is about 19.4%.
Average household size is 2.22 people.
The majority of houses, apartments or condos in Boyne Falls were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2% |
| One Bedroom | 10.40% |
| Two Bedrooms | 35.80% |
| Three Bedrooms | 37.30% |
| Four Bedrooms | 13.40% |
| Five Bedrooms or more | 1% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.23 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $74,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.19 |
| Median year structure was built | 1944 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.30% |
| Home Equity Loan | 5.30% |
| Simple Mortgage | 37.30% |
| Debt Free | 52% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17% |
