Plainwell, MI Real Estate
According to census data in the year 2000 there were 1,509 housing units in Plainwell.
This represents a 2.1% decline from 1,541 in 1990.
Of those housing units, 1,507 were located in either urbanized areas or urban clusters, and 2 were located in what is classified as a rural area.
Homeownership rate in Plainwell is about 70.6%.
Plainwell's vacancy rate, including seasonal lodging, is about 5.4%.
Average household size is 2.5 people.
The majority of houses, apartments or condos in Plainwell were built after 1954.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 13.30% |
| Two Bedrooms | 28.80% |
| Three Bedrooms | 41.40% |
| Four Bedrooms | 14.80% |
| Five Bedrooms or more | 1.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.59 |
| Median year structure was built | 1949 |
| Median Value of occupied units | $97,500 |
| Median Price asked for vacant units | $106,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.27 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $460 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.10% |
| Second Mortgage | 7% |
| Home Equity Loan | 7.30% |
| Simple Mortgage | 56.20% |
| Debt Free | 28.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.3% |
