Wolverine, MI Real Estate
According to census data in the year 2000 there were 163 housing units in Wolverine.
This represents a 19.9% growth from 136 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 163 were located in what is classified as a rural area.
Homeownership rate in Wolverine is about 77.1%.
Wolverine's vacancy rate, including seasonal lodging, is about 19.6%.
Average household size is 3.06 people.
The majority of houses, apartments or condos in Wolverine were built after 1951.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2.50% |
| Two Bedrooms | 33.10% |
| Three Bedrooms | 47.20% |
| Four Bedrooms | 14.70% |
| Five Bedrooms or more | 2.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.85 |
| Median year structure was built | 1951 |
| Median Value of occupied units | $52,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.77 |
| Median year structure was built | 1945 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 6.20% |
| Simple Mortgage | 44.40% |
| Debt Free | 49.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18% |
