Bridgman, MI Real Estate
According to census data in the year 2000 there were 1,168 housing units in Bridgman.
This represents a 20.7% growth from 968 in 1990.
Of those housing units, 823 were located in either urbanized areas or urban clusters, and 345 were located in what is classified as a rural area.
Homeownership rate in Bridgman is about 64%.
Bridgman's vacancy rate, including seasonal lodging, is about 13.3%.
Average household size is 2.29 people.
The majority of houses, apartments or condos in Bridgman were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.40% |
| One Bedroom | 17.80% |
| Two Bedrooms | 24.70% |
| Three Bedrooms | 35.20% |
| Four Bedrooms | 15.70% |
| Five Bedrooms or more | 3.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.72 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $122,600 |
| Median Price asked for vacant units | $95,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.52 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $353 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.30% |
| Second Mortgage | 5% |
| Home Equity Loan | 8.10% |
| Simple Mortgage | 55.90% |
| Debt Free | 29.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.1% |
