Norton Shores, MI Real Estate
According to census data in the year 2000 there were 9,675 housing units in Norton Shores.
This represents a 11.7% growth from 8,659 in 1990.
Of those housing units, 8,927 were located in either urbanized areas or urban clusters, and 748 were located in what is classified as a rural area.
Homeownership rate in Norton Shores is about 89.5%.
Norton Shores's vacancy rate, including seasonal lodging, is about 7%.
Average household size is 2.48 people.
The majority of houses, apartments or condos in Norton Shores were built after 1966.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 5% |
| Two Bedrooms | 28.80% |
| Three Bedrooms | 46.30% |
| Four Bedrooms | 16.40% |
| Five Bedrooms or more | 2.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.48 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $106,100 |
| Median Price asked for vacant units | $98,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.53 |
| Median year structure was built | 1969 |
| Median Monthly Rent asked for vacant units | $578 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 6.10% |
| Home Equity Loan | 10.50% |
| Simple Mortgage | 48.60% |
| Debt Free | 34.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16% |
