Brown City, MI Real Estate
According to census data in the year 2000 there were 560 housing units in Brown City.
This represents a 14.8% growth from 488 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 560 were located in what is classified as a rural area.
Homeownership rate in Brown City is about 72.8%.
Brown City's vacancy rate, including seasonal lodging, is about 7.5%.
Average household size is 2.55 people.
The majority of houses, apartments or condos in Brown City were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 10.20% |
| Two Bedrooms | 25.40% |
| Three Bedrooms | 48% |
| Four Bedrooms | 14.60% |
| Five Bedrooms or more | 1.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.55 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $91,500 |
| Median Price asked for vacant units | $78,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.55 |
| Median year structure was built | 1964 |
| Median Monthly Rent asked for vacant units | $392 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 1.20% |
| Home Equity Loan | 7.10% |
| Simple Mortgage | 51.20% |
| Debt Free | 39.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.7% |
