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Prudenville, MI Real Estate


According to census data in the year 2000 there were 1,386 housing units in Prudenville. This represents a 7.7% growth from 1,287 in 1990.

Of those housing units, 1,067 were located in either urbanized areas or urban clusters, and 319 were located in what is classified as a rural area.

Homeownership rate in Prudenville is about 83.9%. Prudenville's vacancy rate, including seasonal lodging, is about 42.6%. Average household size is 2.14 people.

The majority of houses, apartments or condos in Prudenville were built after 1974.

Statistics

Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom9.10%
Two Bedrooms42.40%
Three Bedrooms38%
Four Bedrooms8.50%
Five Bedrooms or more1.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.12
Median year structure was built1974
Median Value of occupied units$79,500
Median Price asked for vacant units$93,800

Rented Homes, Apartments and Condos

Average Household Size2.26
Median year structure was built1975
Median Monthly Rent asked for vacant units$345

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1%
Home Equity Loan10%
Simple Mortgage44.60%
Debt Free44.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.8%