Michigan City, ND Real Estate
According to census data in the year 2000 there were 185 housing units in Michigan City.
This represents a 8% decline from 201 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 185 were located in what is classified as a rural area.
Homeownership rate in Michigan City is about 84.1%.
Michigan City's vacancy rate, including seasonal lodging, is about 8.1%.
Average household size is 2.15 people.
The majority of houses, apartments or condos in Michigan City were built after 1961.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4.90% |
| Two Bedrooms | 40.50% |
| Three Bedrooms | 34.60% |
| Four Bedrooms | 14.10% |
| Five Bedrooms or more | 5.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.29 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $27,500 |
| Median Price asked for vacant units | $9,999 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.44 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.30% |
| Home Equity Loan | 1.70% |
| Simple Mortgage | 19.70% |
| Debt Free | 74.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.5% |
