Chesaning, MI Real Estate
According to census data in the year 2000 there were 1,148 housing units in Chesaning.
This represents a 9.8% growth from 1,046 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 1,148 were located in what is classified as a rural area.
Homeownership rate in Chesaning is about 64.8%.
Chesaning's vacancy rate, including seasonal lodging, is about 7.2%.
Average household size is 2.38 people.
The majority of houses, apartments or condos in Chesaning were built after 1954.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 14.40% |
| Two Bedrooms | 27.50% |
| Three Bedrooms | 45.20% |
| Four Bedrooms | 10.90% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.63 |
| Median year structure was built | 1952 |
| Median Value of occupied units | $89,000 |
| Median Price asked for vacant units | $85,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.91 |
| Median year structure was built | 1963 |
| Median Monthly Rent asked for vacant units | $392 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.40% |
| Home Equity Loan | 6.50% |
| Simple Mortgage | 45.50% |
| Debt Free | 41.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.2% |
