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Bangor, MI Real Estate


According to census data in the year 2000 there were 804 housing units in Bangor. This represents a 2.2% decline from 822 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 804 were located in what is classified as a rural area.

Homeownership rate in Bangor is about 64.4%. Bangor's vacancy rate, including seasonal lodging, is about 10.2%. Average household size is 2.66 people.

The majority of houses, apartments or condos in Bangor were built after 1955.

Statistics

Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom14.90%
Two Bedrooms26.60%
Three Bedrooms41.20%
Four Bedrooms13.80%
Five Bedrooms or more2.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.8
Median year structure was built1949
Median Value of occupied units$60,600
Median Price asked for vacant units$75,000

Rented Homes, Apartments and Condos

Average Household Size2.41
Median year structure was built1973
Median Monthly Rent asked for vacant units$359

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.80%
Home Equity Loan6.70%
Simple Mortgage48.50%
Debt Free42.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.7%