South Range, MI Real Estate
According to census data in the year 2000 there were 391 housing units in South Range.
This represents a 0.3% growth from 390 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 391 were located in what is classified as a rural area.
Homeownership rate in South Range is about 74.1%.
South Range's vacancy rate, including seasonal lodging, is about 9.2%.
Average household size is 2.12 people.
The majority of houses, apartments or condos in South Range were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.50% |
| One Bedroom | 10.50% |
| Two Bedrooms | 29.20% |
| Three Bedrooms | 47.10% |
| Four Bedrooms | 10.20% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.13 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $42,000 |
| Median Price asked for vacant units | $30,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.09 |
| Median year structure was built | 1947 |
| Median Monthly Rent asked for vacant units | $413 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.30% |
| Home Equity Loan | 4.70% |
| Simple Mortgage | 39% |
| Debt Free | 55.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.9% |
