Grass Lake, MI Real Estate
According to census data in the year 2000 there were 423 housing units in Grass Lake.
This represents a 20.2% growth from 352 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 423 were located in what is classified as a rural area.
Homeownership rate in Grass Lake is about 68.8%.
Grass Lake's vacancy rate, including seasonal lodging, is about 4.5%.
Average household size is 2.5 people.
The majority of houses, apartments or condos in Grass Lake were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.20% |
| One Bedroom | 10.60% |
| Two Bedrooms | 26.50% |
| Three Bedrooms | 42.80% |
| Four Bedrooms | 17% |
| Five Bedrooms or more | 2.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.79 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $116,100 |
| Median Price asked for vacant units | $131,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.87 |
| Median year structure was built | 1955 |
| Median Monthly Rent asked for vacant units | $625 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.80% |
| Second Mortgage | 2% |
| Home Equity Loan | 9% |
| Simple Mortgage | 60.40% |
| Debt Free | 27.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.6% |
