Powers, MI Real Estate
According to census data in the year 2000 there were 146 housing units in Powers.
This represents a 6.4% decline from 156 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 146 were located in what is classified as a rural area.
Homeownership rate in Powers is about 52.9%.
Powers's vacancy rate, including seasonal lodging, is about 18.5%.
Average household size is 1.69 people.
The majority of houses, apartments or condos in Powers were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 22.60% |
| Two Bedrooms | 32.20% |
| Three Bedrooms | 27.40% |
| Four Bedrooms | 10.30% |
| Five Bedrooms or more | 6.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 1.94 |
| Median year structure was built | 1947 |
| Median Value of occupied units | $55,900 |
| Median Price asked for vacant units | $30,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.41 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $208 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 47.30% |
| Debt Free | 52.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.8% |
