Decatur, MI Real Estate
According to census data in the year 2000 there were 772 housing units in Decatur.
This represents a 2.4% growth from 754 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 772 were located in what is classified as a rural area.
Homeownership rate in Decatur is about 66.1%.
Decatur's vacancy rate, including seasonal lodging, is about 9.3%.
Average household size is 2.48 people.
The majority of houses, apartments or condos in Decatur were built after 1943.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.60% |
| One Bedroom | 9.80% |
| Two Bedrooms | 32.90% |
| Three Bedrooms | 36.50% |
| Four Bedrooms | 13.10% |
| Five Bedrooms or more | 6.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.36 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $65,800 |
| Median Price asked for vacant units | $67,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.7 |
| Median year structure was built | 1954 |
| Median Monthly Rent asked for vacant units | $438 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.40% |
| Home Equity Loan | 4.10% |
| Simple Mortgage | 56.60% |
| Debt Free | 32.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.1% |
