St. Ignace, MI Real Estate
According to census data in the year 2000 there were 1,208 housing units in St. Ignace.
This represents a 1.5% decline from 1,226 in 1990.
Of those housing units, 1,151 were located in either urbanized areas or urban clusters, and 57 were located in what is classified as a rural area.
Homeownership rate in St. Ignace is about 63.2%.
St. Ignace's vacancy rate, including seasonal lodging, is about 11.2%.
Average household size is 2.34 people.
The majority of houses, apartments or condos in St. Ignace were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 14.60% |
| Two Bedrooms | 29.30% |
| Three Bedrooms | 40.30% |
| Four Bedrooms | 13.30% |
| Five Bedrooms or more | 1.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.59 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $86,400 |
| Median Price asked for vacant units | $127,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.9 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $421 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.20% |
| Home Equity Loan | 3.40% |
| Simple Mortgage | 51% |
| Debt Free | 41.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.3% |
