East Tawas, MI Real Estate
According to census data in the year 2000 there were 1,702 housing units in East Tawas.
This represents a 7.7% growth from 1,580 in 1990.
Of those housing units, 1,419 were located in either urbanized areas or urban clusters, and 283 were located in what is classified as a rural area.
Homeownership rate in East Tawas is about 68.8%.
East Tawas's vacancy rate, including seasonal lodging, is about 17.7%.
Average household size is 2.14 people.
The majority of houses, apartments or condos in East Tawas were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4.40% |
| One Bedroom | 16.60% |
| Two Bedrooms | 33.40% |
| Three Bedrooms | 35.40% |
| Four Bedrooms | 7.90% |
| Five Bedrooms or more | 2.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.25 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $78,400 |
| Median Price asked for vacant units | $80,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.9 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $525 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.90% |
| Home Equity Loan | 8% |
| Simple Mortgage | 35.90% |
| Debt Free | 53.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.2% |
