Burlington, MI Real Estate
According to census data in the year 2000 there were 163 housing units in Burlington.
This represents a 55.2% growth from 105 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 163 were located in what is classified as a rural area.
Homeownership rate in Burlington is about 88.5%.
Burlington's vacancy rate, including seasonal lodging, is about 9.2%.
Average household size is 3.02 people.
The majority of houses, apartments or condos in Burlington were built after 1946.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 6.70% |
| Two Bedrooms | 31.90% |
| Three Bedrooms | 38.70% |
| Four Bedrooms | 11% |
| Five Bedrooms or more | 11.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.11 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $62,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.29 |
| Median year structure was built | 1969 |
| Median Monthly Rent asked for vacant units | $375 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 2% |
| Second Mortgage | 4% |
| Home Equity Loan | 5.10% |
| Simple Mortgage | 55.60% |
| Debt Free | 33.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.8% |
