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Mackinaw City, MI Real Estate


According to census data in the year 2000 there were 602 housing units in Mackinaw City. This represents a 2.3% decline from 616 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 602 were located in what is classified as a rural area.

Homeownership rate in Mackinaw City is about 73.3%. Mackinaw City's vacancy rate, including seasonal lodging, is about 33.6%. Average household size is 2.17 people.

The majority of houses, apartments or condos in Mackinaw City were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom16.80%
Two Bedrooms33.40%
Three Bedrooms37.50%
Four Bedrooms9.10%
Five Bedrooms or more1.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1963
Median Value of occupied units$119,100
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size1.76
Median year structure was built1968
Median Monthly Rent asked for vacant units$250

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.10%
Home Equity Loan14.20%
Simple Mortgage45.70%
Debt Free37%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.8%