Manitou Beach-Devils Lake, MI Real Estate
According to census data in the year 2000 there were 1,743 housing units in Manitou Beach-Devils Lake.
This represents a 1.6% decline from 1,772 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 1,743 were located in what is classified as a rural area.
Homeownership rate in Manitou Beach-Devils Lake is about 88.7%.
Manitou Beach-Devils Lake's vacancy rate, including seasonal lodging, is about 47.6%.
Average household size is 2.26 people.
The majority of houses, apartments or condos in Manitou Beach-Devils Lake were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 8% |
| Two Bedrooms | 27.90% |
| Three Bedrooms | 40% |
| Four Bedrooms | 19.50% |
| Five Bedrooms or more | 4% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.23 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $145,000 |
| Median Price asked for vacant units | $194,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1954 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.80% |
| Second Mortgage | 6.80% |
| Home Equity Loan | 13.20% |
| Simple Mortgage | 41.50% |
| Debt Free | 37.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.6% |
