Belding, MI Real Estate
According to census data in the year 2000 there were 2,289 housing units in Belding.
This represents a 0% decline from 2,290 in 1990.
Of those housing units, 2,289 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Belding is about 66.4%.
Belding's vacancy rate, including seasonal lodging, is about 4.5%.
Average household size is 2.59 people.
The majority of houses, apartments or condos in Belding were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 13% |
| Two Bedrooms | 32.10% |
| Three Bedrooms | 37.60% |
| Four Bedrooms | 12.30% |
| Five Bedrooms or more | 4.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.76 |
| Median year structure was built | 1948 |
| Median Value of occupied units | $86,300 |
| Median Price asked for vacant units | $205,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.27 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $304 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.90% |
| Home Equity Loan | 1.60% |
| Simple Mortgage | 63.90% |
| Debt Free | 29.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.6% |
