Dowagiac, MI Real Estate
According to census data in the year 2000 there were 2,603 housing units in Dowagiac.
This represents a 0.8% decline from 2,624 in 1990.
Of those housing units, 2,588 were located in either urbanized areas or urban clusters, and 15 were located in what is classified as a rural area.
Homeownership rate in Dowagiac is about 61%.
Dowagiac's vacancy rate, including seasonal lodging, is about 8%.
Average household size is 2.45 people.
The majority of houses, apartments or condos in Dowagiac were built after 1947.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.40% |
| One Bedroom | 16.40% |
| Two Bedrooms | 31.50% |
| Three Bedrooms | 32% |
| Four Bedrooms | 15% |
| Five Bedrooms or more | 2.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.55 |
| Median year structure was built | 1940 |
| Median Value of occupied units | $62,600 |
| Median Price asked for vacant units | $23,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.31 |
| Median year structure was built | 1969 |
| Median Monthly Rent asked for vacant units | $389 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.80% |
| Home Equity Loan | 6.20% |
| Simple Mortgage | 44.50% |
| Debt Free | 44.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.7% |
