Sand Lake, MI Real Estate
According to census data in the year 2000 there were 209 housing units in Sand Lake.
This represents a 11.8% growth from 187 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 209 were located in what is classified as a rural area.
Homeownership rate in Sand Lake is about 62.1%.
Sand Lake's vacancy rate, including seasonal lodging, is about 12.9%.
Average household size is 2.67 people.
The majority of houses, apartments or condos in Sand Lake were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 27.30% |
| Two Bedrooms | 30.10% |
| Three Bedrooms | 27.80% |
| Four Bedrooms | 12% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.14 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $72,700 |
| Median Price asked for vacant units | $78,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.9 |
| Median year structure was built | 1983 |
| Median Monthly Rent asked for vacant units | $350 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.30% |
| Home Equity Loan | 6.70% |
| Simple Mortgage | 51.10% |
| Debt Free | 38.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.4% |
