Shorewood-Tower Hills-Harbert, MI Real Estate
According to census data in the year 2000 there were 1,521 housing units in Shorewood-Tower Hills-Harbert.
This represents a 5.3% growth from 1,444 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 1,521 were located in what is classified as a rural area.
Homeownership rate in Shorewood-Tower Hills-Harbert is about 83.6%.
Shorewood-Tower Hills-Harbert's vacancy rate, including seasonal lodging, is about 52.3%.
Average household size is 2.25 people.
The majority of houses, apartments or condos in Shorewood-Tower Hills-Harbert were built after 1958.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 4.50% |
| Two Bedrooms | 31.20% |
| Three Bedrooms | 47.30% |
| Four Bedrooms | 13.50% |
| Five Bedrooms or more | 3% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.3 |
| Median year structure was built | 1957 |
| Median Value of occupied units | $166,700 |
| Median Price asked for vacant units | $162,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.97 |
| Median year structure was built | 1964 |
| Median Monthly Rent asked for vacant units | $575 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.20% |
| Home Equity Loan | 4% |
| Simple Mortgage | 37.90% |
| Debt Free | 53.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.5% |
