Weidman, MI Real Estate
According to census data in the year 2000 there were 387 housing units in Weidman.
This represents a 29.4% growth from 299 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 387 were located in what is classified as a rural area.
Homeownership rate in Weidman is about 88.7%.
Weidman's vacancy rate, including seasonal lodging, is about 10.9%.
Average household size is 2.57 people.
The majority of houses, apartments or condos in Weidman were built after 1975.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 5.70% |
| Two Bedrooms | 34.90% |
| Three Bedrooms | 45.20% |
| Four Bedrooms | 10.10% |
| Five Bedrooms or more | 3.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.5 |
| Median year structure was built | 1976 |
| Median Value of occupied units | $80,000 |
| Median Price asked for vacant units | $58,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.08 |
| Median year structure was built | 1959 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.90% |
| Home Equity Loan | 4.10% |
| Simple Mortgage | 53.20% |
| Debt Free | 36.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.6% |
