Mackinaw City, MI Real Estate
According to census data in the year 2000 there were 602 housing units in Mackinaw City.
This represents a 2.3% decline from 616 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 602 were located in what is classified as a rural area.
Homeownership rate in Mackinaw City is about 73.3%.
Mackinaw City's vacancy rate, including seasonal lodging, is about 33.6%.
Average household size is 2.17 people.
The majority of houses, apartments or condos in Mackinaw City were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 16.80% |
| Two Bedrooms | 33.40% |
| Three Bedrooms | 37.50% |
| Four Bedrooms | 9.10% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.32 |
| Median year structure was built | 1963 |
| Median Value of occupied units | $119,100 |
| Median Price asked for vacant units | $85,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.76 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $250 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.10% |
| Home Equity Loan | 14.20% |
| Simple Mortgage | 45.70% |
| Debt Free | 37% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.8% |
