Burt, MI Real Estate
According to census data in the year 2000 there were 416 housing units in Burt.
This represents a 7.8% growth from 386 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 416 were located in what is classified as a rural area.
Homeownership rate in Burt is about 88.5%.
Burt's vacancy rate, including seasonal lodging, is about 6%.
Average household size is 2.98 people.
The majority of houses, apartments or condos in Burt were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 1.40% |
| Two Bedrooms | 27.40% |
| Three Bedrooms | 62% |
| Four Bedrooms | 7.20% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.06 |
| Median year structure was built | 1973 |
| Median Value of occupied units | $92,400 |
| Median Price asked for vacant units | $85,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.36 |
| Median year structure was built | 1966 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.80% |
| Home Equity Loan | 8.30% |
| Simple Mortgage | 52.80% |
| Debt Free | 35.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.7% |
