Stambaugh, MI Real Estate
According to census data in the year 2000 there were 665 housing units in Stambaugh.
This represents a 1.3% decline from 674 in 1990.
Of those housing units, 627 were located in either urbanized areas or urban clusters, and 38 were located in what is classified as a rural area.
Homeownership rate in Stambaugh is about 68.4%.
Stambaugh's vacancy rate, including seasonal lodging, is about 12.8%.
Average household size is 2.1 people.
The majority of houses, apartments or condos in Stambaugh were built after 1943.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 13.80% |
| Two Bedrooms | 35% |
| Three Bedrooms | 35.50% |
| Four Bedrooms | 10.20% |
| Five Bedrooms or more | 4.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.13 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $37,700 |
| Median Price asked for vacant units | $32,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.04 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $300 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.70% |
| Home Equity Loan | 5.40% |
| Simple Mortgage | 36.90% |
| Debt Free | 55% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.9% |
