South Rockwood, MI Real Estate
According to census data in the year 2000 there were 461 housing units in South Rockwood.
This represents a 9.8% growth from 420 in 1990.
Of those housing units, 394 were located in either urbanized areas or urban clusters, and 67 were located in what is classified as a rural area.
Homeownership rate in South Rockwood is about 88.4%.
South Rockwood's vacancy rate, including seasonal lodging, is about 2.6%.
Average household size is 2.78 people.
The majority of houses, apartments or condos in South Rockwood were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 5.90% |
| Two Bedrooms | 20.20% |
| Three Bedrooms | 54.90% |
| Four Bedrooms | 16.30% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.84 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $121,700 |
| Median Price asked for vacant units | $95,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.33 |
| Median year structure was built | 1951 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 5.10% |
| Home Equity Loan | 16.80% |
| Simple Mortgage | 48.20% |
| Debt Free | 29.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.7% |
