Munising, MI Real Estate
According to census data in the year 2000 there were 1,254 housing units in Munising.
This represents a 1.1% decline from 1,268 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 1,254 were located in what is classified as a rural area.
Homeownership rate in Munising is about 64.9%.
Munising's vacancy rate, including seasonal lodging, is about 10.4%.
Average household size is 2.16 people.
The majority of houses, apartments or condos in Munising were built after 1947.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 14.40% |
| Two Bedrooms | 31.90% |
| Three Bedrooms | 41.50% |
| Four Bedrooms | 8.90% |
| Five Bedrooms or more | 3.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.33 |
| Median year structure was built | 1944 |
| Median Value of occupied units | $66,500 |
| Median Price asked for vacant units | $46,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.84 |
| Median year structure was built | 1956 |
| Median Monthly Rent asked for vacant units | $394 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.20% |
| Home Equity Loan | 6.20% |
| Simple Mortgage | 42.50% |
| Debt Free | 49.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.9% |
