Akron, MI Real Estate
According to census data in the year 2000 there were 176 housing units in Akron.
This represents a 2.9% growth from 171 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 176 were located in what is classified as a rural area.
Homeownership rate in Akron is about 76.6%.
Akron's vacancy rate, including seasonal lodging, is about 10.2%.
Average household size is 2.7 people.
The majority of houses, apartments or condos in Akron were built after 1946.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 4% |
| Two Bedrooms | 22.70% |
| Three Bedrooms | 54% |
| Four Bedrooms | 18.20% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.63 |
| Median year structure was built | 1944 |
| Median Value of occupied units | $56,100 |
| Median Price asked for vacant units | $85,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.92 |
| Median year structure was built | 1952 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 5.40% |
| Simple Mortgage | 55.40% |
| Debt Free | 39.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.9% |
