Watervliet, MI Real Estate
According to census data in the year 2000 there were 753 housing units in Watervliet.
This represents a 2.7% growth from 733 in 1990.
Of those housing units, 731 were located in either urbanized areas or urban clusters, and 22 were located in what is classified as a rural area.
Homeownership rate in Watervliet is about 68.9%.
Watervliet's vacancy rate, including seasonal lodging, is about 4.8%.
Average household size is 2.58 people.
The majority of houses, apartments or condos in Watervliet were built after 1951.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 12.50% |
| Two Bedrooms | 26% |
| Three Bedrooms | 44.40% |
| Four Bedrooms | 13.90% |
| Five Bedrooms or more | 2.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.84 |
| Median year structure was built | 1951 |
| Median Value of occupied units | $72,400 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.99 |
| Median year structure was built | 1953 |
| Median Monthly Rent asked for vacant units | $437 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 11.80% |
| Home Equity Loan | 7.10% |
| Simple Mortgage | 51.70% |
| Debt Free | 29.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.8% |
