Suttons Bay, MI Real Estate
According to census data in the year 2000 there were 337 housing units in Suttons Bay.
This represents a 4.7% growth from 322 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 337 were located in what is classified as a rural area.
Homeownership rate in Suttons Bay is about 74%.
Suttons Bay's vacancy rate, including seasonal lodging, is about 21.4%.
Average household size is 2.08 people.
The majority of houses, apartments or condos in Suttons Bay were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 7.70% |
| Two Bedrooms | 29.70% |
| Three Bedrooms | 40.10% |
| Four Bedrooms | 16.30% |
| Five Bedrooms or more | 5.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.1 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $144,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.03 |
| Median year structure was built | 1948 |
| Median Monthly Rent asked for vacant units | $525 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.90% |
| Home Equity Loan | 6.30% |
| Simple Mortgage | 39.70% |
| Debt Free | 51.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.3% |
