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Eau Claire, MI Real Estate


According to census data in the year 2000 there were 235 housing units in Eau Claire. This represents a 23% growth from 191 in 1990.

Of those housing units, 202 were located in either urbanized areas or urban clusters, and 33 were located in what is classified as a rural area.

Homeownership rate in Eau Claire is about 71.4%. Eau Claire's vacancy rate, including seasonal lodging, is about 1.7%. Average household size is 2.87 people.

The majority of houses, apartments or condos in Eau Claire were built after 1955.

Statistics

Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom13.60%
Two Bedrooms23%
Three Bedrooms45.10%
Four Bedrooms14%
Five Bedrooms or more3.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.86
Median year structure was built1956
Median Value of occupied units$73,600

Rented Homes, Apartments and Condos

Average Household Size2.91
Median year structure was built1954
Median Monthly Rent asked for vacant units$500

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.70%
Second Mortgage2.60%
Home Equity Loan11.80%
Simple Mortgage54.20%
Debt Free30.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.8%