Pearl Beach, MI Real Estate
According to census data in the year 2000 there were 1,577 housing units in Pearl Beach.
This represents a 4.6% growth from 1,507 in 1990.
Of those housing units, 1,577 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Pearl Beach is about 93.2%.
Pearl Beach's vacancy rate, including seasonal lodging, is about 10.8%.
Average household size is 2.24 people.
The majority of houses, apartments or condos in Pearl Beach were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4.70% |
| Two Bedrooms | 32.50% |
| Three Bedrooms | 51.30% |
| Four Bedrooms | 9.40% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.26 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $188,700 |
| Median Price asked for vacant units | $218,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.98 |
| Median year structure was built | 1953 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.40% |
| Home Equity Loan | 12.80% |
| Simple Mortgage | 53.70% |
| Debt Free | 27.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.8% |
