Mancelona, MI Real Estate
According to census data in the year 2000 there were 578 housing units in Mancelona.
This represents a 0.5% growth from 575 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 578 were located in what is classified as a rural area.
Homeownership rate in Mancelona is about 72.2%.
Mancelona's vacancy rate, including seasonal lodging, is about 7.3%.
Average household size is 2.59 people.
The majority of houses, apartments or condos in Mancelona were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 10.90% |
| Two Bedrooms | 20.90% |
| Three Bedrooms | 49.10% |
| Four Bedrooms | 15.60% |
| Five Bedrooms or more | 3.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.47 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $59,500 |
| Median Price asked for vacant units | $26,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.89 |
| Median year structure was built | 1951 |
| Median Monthly Rent asked for vacant units | $363 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.90% |
| Home Equity Loan | 4.60% |
| Simple Mortgage | 56.40% |
| Debt Free | 36.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.8% |
