Fairgrove, MI Real Estate
According to census data in the year 2000 there were 261 housing units in Fairgrove.
This represents a 12% growth from 233 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 261 were located in what is classified as a rural area.
Homeownership rate in Fairgrove is about 82.3%.
Fairgrove's vacancy rate, including seasonal lodging, is about 11.1%.
Average household size is 2.55 people.
The majority of houses, apartments or condos in Fairgrove were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 2.30% |
| Two Bedrooms | 30.30% |
| Three Bedrooms | 44.80% |
| Four Bedrooms | 14.60% |
| Five Bedrooms or more | 6.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.6 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $68,600 |
| Median Price asked for vacant units | $47,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1958 |
| Median Monthly Rent asked for vacant units | $342 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.70% |
| Home Equity Loan | 1.30% |
| Simple Mortgage | 57% |
| Debt Free | 38.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.7% |
