Climax, MI Real Estate
According to census data in the year 2000 there were 293 housing units in Climax.
This represents a 27.9% growth from 229 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 293 were located in what is classified as a rural area.
Homeownership rate in Climax is about 78%.
Climax's vacancy rate, including seasonal lodging, is about 3.8%.
Average household size is 2.88 people.
The majority of houses, apartments or condos in Climax were built after 1952.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 5.80% |
| Two Bedrooms | 27% |
| Three Bedrooms | 45.10% |
| Four Bedrooms | 20.50% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.15 |
| Median year structure was built | 1948 |
| Median Value of occupied units | $94,100 |
| Median Price asked for vacant units | $77,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.92 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $725 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1% |
| Second Mortgage | 3.90% |
| Home Equity Loan | 10.70% |
| Simple Mortgage | 63.60% |
| Debt Free | 20.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.9% |
