Oakley, MI Real Estate
According to census data in the year 2000 there were 149 housing units in Oakley.
This represents a 5.7% growth from 141 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 149 were located in what is classified as a rural area.
Homeownership rate in Oakley is about 64.7%.
Oakley's vacancy rate, including seasonal lodging, is about 6.7%.
Average household size is 2.42 people.
The majority of houses, apartments or condos in Oakley were built after 1951.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2% |
| One Bedroom | 8.10% |
| Two Bedrooms | 28.90% |
| Three Bedrooms | 51% |
| Four Bedrooms | 7.40% |
| Five Bedrooms or more | 2.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.61 |
| Median year structure was built | 1946 |
| Median Value of occupied units | $62,100 |
| Median Price asked for vacant units | $37,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.06 |
| Median year structure was built | 1964 |
| Median Monthly Rent asked for vacant units | $292 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 8.80% |
| Simple Mortgage | 45.60% |
| Debt Free | 45.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.2% |
