Gladwin, MI Real Estate
According to census data in the year 2000 there were 1,332 housing units in Gladwin.
This represents a 12.4% growth from 1,185 in 1990.
Of those housing units, 1,199 were located in either urbanized areas or urban clusters, and 133 were located in what is classified as a rural area.
Homeownership rate in Gladwin is about 62.9%.
Gladwin's vacancy rate, including seasonal lodging, is about 7.3%.
Average household size is 2.28 people.
The majority of houses, apartments or condos in Gladwin were built after 1966.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.20% |
| One Bedroom | 18.20% |
| Two Bedrooms | 26.10% |
| Three Bedrooms | 39.50% |
| Four Bedrooms | 15.20% |
| Five Bedrooms or more | 0.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.45 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $74,900 |
| Median Price asked for vacant units | $52,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $375 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.70% |
| Second Mortgage | 5% |
| Home Equity Loan | 5.50% |
| Simple Mortgage | 45.80% |
| Debt Free | 42.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.9% |
