Lake Ann, MI Real Estate
According to census data in the year 2000 there were 182 housing units in Lake Ann.
This represents a 23% growth from 148 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 182 were located in what is classified as a rural area.
Homeownership rate in Lake Ann is about 78%.
Lake Ann's vacancy rate, including seasonal lodging, is about 32.4%.
Average household size is 2.55 people.
The majority of houses, apartments or condos in Lake Ann were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.20% |
| One Bedroom | 5.50% |
| Two Bedrooms | 42.30% |
| Three Bedrooms | 35.20% |
| Four Bedrooms | 14.30% |
| Five Bedrooms or more | 0.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.75 |
| Median year structure was built | 1973 |
| Median Value of occupied units | $129,200 |
| Median Price asked for vacant units | $212,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.85 |
| Median year structure was built | 1958 |
| Median Monthly Rent asked for vacant units | $469 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.80% |
| Home Equity Loan | 8% |
| Simple Mortgage | 46.60% |
| Debt Free | 38.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.1% |
