Petersburg, MI Real Estate
According to census data in the year 2000 there were 437 housing units in Petersburg.
This represents a 1.9% growth from 429 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 437 were located in what is classified as a rural area.
Homeownership rate in Petersburg is about 74.3%.
Petersburg's vacancy rate, including seasonal lodging, is about 4.8%.
Average household size is 2.76 people.
The majority of houses, apartments or condos in Petersburg were built after 1947.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 5.90% |
| Two Bedrooms | 27% |
| Three Bedrooms | 48.30% |
| Four Bedrooms | 13.70% |
| Five Bedrooms or more | 5% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.73 |
| Median year structure was built | 1945 |
| Median Value of occupied units | $105,000 |
| Median Price asked for vacant units | $107,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.83 |
| Median year structure was built | 1954 |
| Median Monthly Rent asked for vacant units | $481 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.10% |
| Home Equity Loan | 11% |
| Simple Mortgage | 50.50% |
| Debt Free | 34.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.6% |
