Vanderbilt, MI Real Estate
According to census data in the year 2000 there were 276 housing units in Vanderbilt.
This represents a 2.2% growth from 270 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 276 were located in what is classified as a rural area.
Homeownership rate in Vanderbilt is about 68.9%.
Vanderbilt's vacancy rate, including seasonal lodging, is about 14.9%.
Average household size is 2.47 people.
The majority of houses, apartments or condos in Vanderbilt were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.80% |
| One Bedroom | 15.20% |
| Two Bedrooms | 26.10% |
| Three Bedrooms | 43.50% |
| Four Bedrooms | 10.50% |
| Five Bedrooms or more | 2.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.79 |
| Median year structure was built | 1965 |
| Median Value of occupied units | $67,200 |
| Median Price asked for vacant units | $65,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.77 |
| Median year structure was built | 1978 |
| Median Monthly Rent asked for vacant units | $150 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.90% |
| Home Equity Loan | 7.10% |
| Simple Mortgage | 60.70% |
| Debt Free | 29.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17% |
