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Manitou Beach-Devils Lake, MI Real Estate


According to census data in the year 2000 there were 1,743 housing units in Manitou Beach-Devils Lake. This represents a 1.6% decline from 1,772 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 1,743 were located in what is classified as a rural area.

Homeownership rate in Manitou Beach-Devils Lake is about 88.7%. Manitou Beach-Devils Lake's vacancy rate, including seasonal lodging, is about 47.6%. Average household size is 2.26 people.

The majority of houses, apartments or condos in Manitou Beach-Devils Lake were built after 1956.

Statistics

Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom8%
Two Bedrooms27.90%
Three Bedrooms40%
Four Bedrooms19.50%
Five Bedrooms or more4%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.23
Median year structure was built1956
Median Value of occupied units$145,000
Median Price asked for vacant units$194,100

Rented Homes, Apartments and Condos

Average Household Size2.51
Median year structure was built1954
Median Monthly Rent asked for vacant units$325

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.80%
Second Mortgage6.80%
Home Equity Loan13.20%
Simple Mortgage41.50%
Debt Free37.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.6%