Lake Linden, MI Real Estate
According to census data in the year 2000 there were 573 housing units in Lake Linden.
This represents a 3.5% decline from 594 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 573 were located in what is classified as a rural area.
Homeownership rate in Lake Linden is about 68.6%.
Lake Linden's vacancy rate, including seasonal lodging, is about 15.5%.
Average household size is 2.23 people.
The majority of houses, apartments or condos in Lake Linden were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 14% |
| Two Bedrooms | 29.10% |
| Three Bedrooms | 42.10% |
| Four Bedrooms | 10.10% |
| Five Bedrooms or more | 4% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.38 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $42,400 |
| Median Price asked for vacant units | $63,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.89 |
| Median year structure was built | 1959 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.70% |
| Home Equity Loan | 4.40% |
| Simple Mortgage | 39.30% |
| Debt Free | 53.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.1% |
