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Essexville, MI Real Estate


According to census data in the year 2000 there were 1,530 housing units in Essexville. This represents a 0.8% decline from 1,542 in 1990.

Of those housing units, 1,530 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Essexville is about 90.8%. Essexville's vacancy rate, including seasonal lodging, is about 2.8%. Average household size is 2.53 people.

The majority of houses, apartments or condos in Essexville were built after 1952.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom5%
Two Bedrooms19.30%
Three Bedrooms51.40%
Four Bedrooms22.50%
Five Bedrooms or more1.80%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.58
Median year structure was built1952
Median Value of occupied units$88,400
Median Price asked for vacant units$307,100

Rented Homes, Apartments and Condos

Average Household Size2.05
Median year structure was built1958
Median Monthly Rent asked for vacant units$625

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage3.40%
Home Equity Loan5.80%
Simple Mortgage49.90%
Debt Free40.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.4%