Prudenville, MI Real Estate
According to census data in the year 2000 there were 1,386 housing units in Prudenville.
This represents a 7.7% growth from 1,287 in 1990.
Of those housing units, 1,067 were located in either urbanized areas or urban clusters, and 319 were located in what is classified as a rural area.
Homeownership rate in Prudenville is about 83.9%.
Prudenville's vacancy rate, including seasonal lodging, is about 42.6%.
Average household size is 2.14 people.
The majority of houses, apartments or condos in Prudenville were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 9.10% |
| Two Bedrooms | 42.40% |
| Three Bedrooms | 38% |
| Four Bedrooms | 8.50% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.12 |
| Median year structure was built | 1974 |
| Median Value of occupied units | $79,500 |
| Median Price asked for vacant units | $93,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.26 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $345 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1% |
| Home Equity Loan | 10% |
| Simple Mortgage | 44.60% |
| Debt Free | 44.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.8% |
