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Marine City, MI Real Estate


According to census data in the year 2000 there were 2,021 housing units in Marine City. This represents a 13.3% growth from 1,783 in 1990.

Of those housing units, 2,021 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Marine City is about 71%. Marine City's vacancy rate, including seasonal lodging, is about 6%. Average household size is 2.54 people.

The majority of houses, apartments or condos in Marine City were built after 1949.

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom13.50%
Two Bedrooms32.30%
Three Bedrooms42.70%
Four Bedrooms9.70%
Five Bedrooms or more1.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.67
Median year structure was built1945
Median Value of occupied units$105,200
Median Price asked for vacant units$95,000

Rented Homes, Apartments and Condos

Average Household Size2.23
Median year structure was built1962
Median Monthly Rent asked for vacant units$419

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.60%
Second Mortgage4.40%
Home Equity Loan7.10%
Simple Mortgage55.30%
Debt Free32.50%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.6%