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North Adams, MI Real Estate


According to census data in the year 2000 there were 219 housing units in North Adams. This represents a 6.8% growth from 205 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 219 were located in what is classified as a rural area.

Homeownership rate in North Adams is about 74.1%. North Adams's vacancy rate, including seasonal lodging, is about 6.4%. Average household size is 2.59 people.

The majority of houses, apartments or condos in North Adams were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type2.30%
One Bedroom11%
Two Bedrooms23.70%
Three Bedrooms51.10%
Four Bedrooms9.10%
Five Bedrooms or more2.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.95
Median year structure was built1939
Median Value of occupied units$64,300

Rented Homes, Apartments and Condos

Average Household Size1.55
Median year structure was built1939
Median Monthly Rent asked for vacant units$608

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.40%
Second Mortgage7.60%
Home Equity Loan13.80%
Simple Mortgage35.20%
Debt Free42.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs15.4%