Cass City, MI Real Estate
According to census data in the year 2000 there were 1,142 housing units in Cass City.
This represents a 21.4% growth from 941 in 1990.
Of those housing units, 1,115 were located in either urbanized areas or urban clusters, and 27 were located in what is classified as a rural area.
Homeownership rate in Cass City is about 77.1%.
Cass City's vacancy rate, including seasonal lodging, is about 4.7%.
Average household size is 2.35 people.
The majority of houses, apartments or condos in Cass City were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 11.60% |
| Two Bedrooms | 31.80% |
| Three Bedrooms | 44.70% |
| Four Bedrooms | 9% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.35 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $85,900 |
| Median Price asked for vacant units | $51,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.36 |
| Median year structure was built | 1956 |
| Median Monthly Rent asked for vacant units | $330 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.60% |
| Home Equity Loan | 3.50% |
| Simple Mortgage | 49.90% |
| Debt Free | 43.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.3% |
