Hemlock, MI Real Estate
According to census data in the year 2000 there were 648 housing units in Hemlock.
This represents a 4.7% growth from 619 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 648 were located in what is classified as a rural area.
Homeownership rate in Hemlock is about 77.7%.
Hemlock's vacancy rate, including seasonal lodging, is about 6.5%.
Average household size is 2.61 people.
The majority of houses, apartments or condos in Hemlock were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 9.30% |
| Two Bedrooms | 29.50% |
| Three Bedrooms | 45.10% |
| Four Bedrooms | 11.90% |
| Five Bedrooms or more | 4.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.66 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $86,800 |
| Median Price asked for vacant units | $137,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.41 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.10% |
| Home Equity Loan | 10.90% |
| Simple Mortgage | 53.70% |
| Debt Free | 32.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.5% |
