Empire, MI Real Estate
According to census data in the year 2000 there were 274 housing units in Empire.
This represents a 12.3% growth from 244 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 274 were located in what is classified as a rural area.
Homeownership rate in Empire is about 74.3%.
Empire's vacancy rate, including seasonal lodging, is about 31.8%.
Average household size is 2.02 people.
The majority of houses, apartments or condos in Empire were built after 1954.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 8.40% |
| Two Bedrooms | 36.90% |
| Three Bedrooms | 43.40% |
| Four Bedrooms | 6.60% |
| Five Bedrooms or more | 4.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.1 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $129,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.79 |
| Median year structure was built | 1953 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.30% |
| Home Equity Loan | 8.10% |
| Simple Mortgage | 44.70% |
| Debt Free | 43.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16% |
