Gaylord, MI Real Estate
According to census data in the year 2000 there were 1,766 housing units in Gaylord.
This represents a 25.2% growth from 1,411 in 1990.
Of those housing units, 1,617 were located in either urbanized areas or urban clusters, and 149 were located in what is classified as a rural area.
Homeownership rate in Gaylord is about 50.5%.
Gaylord's vacancy rate, including seasonal lodging, is about 11.2%.
Average household size is 2.25 people.
The majority of houses, apartments or condos in Gaylord were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 23.60% |
| Two Bedrooms | 27.30% |
| Three Bedrooms | 37% |
| Four Bedrooms | 8.30% |
| Five Bedrooms or more | 2.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.55 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $92,700 |
| Median Price asked for vacant units | $90,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.93 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $567 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.90% |
| Home Equity Loan | 6.20% |
| Simple Mortgage | 45.50% |
| Debt Free | 38.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.7% |
