Hillman, MI Real Estate
According to census data in the year 2000 there were 325 housing units in Hillman.
This represents a 10.2% growth from 295 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 325 were located in what is classified as a rural area.
Homeownership rate in Hillman is about 64.7%.
Hillman's vacancy rate, including seasonal lodging, is about 16.3%.
Average household size is 2.04 people.
The majority of houses, apartments or condos in Hillman were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 12.90% |
| Two Bedrooms | 43.40% |
| Three Bedrooms | 32.90% |
| Four Bedrooms | 8.60% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.08 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $59,700 |
| Median Price asked for vacant units | $87,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.97 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $225 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.50% |
| Home Equity Loan | 8% |
| Simple Mortgage | 37.20% |
| Debt Free | 53.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.4% |
