Gwinn, MI Real Estate
According to census data in the year 2000 there were 1,022 housing units in Gwinn.
This represents a 3% growth from 992 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 1,022 were located in what is classified as a rural area.
Homeownership rate in Gwinn is about 80.7%.
Gwinn's vacancy rate, including seasonal lodging, is about 16.5%.
Average household size is 2.36 people.
The majority of houses, apartments or condos in Gwinn were built after 1970.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7% |
| Two Bedrooms | 32.40% |
| Three Bedrooms | 44.70% |
| Four Bedrooms | 13.40% |
| Five Bedrooms or more | 2.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $62,800 |
| Median Price asked for vacant units | $37,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.72 |
| Median year structure was built | 1964 |
| Median Monthly Rent asked for vacant units | $329 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.50% |
| Home Equity Loan | 11.40% |
| Simple Mortgage | 41.30% |
| Debt Free | 44.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.1% |
