Saranac, MI Real Estate
According to census data in the year 2000 there were 610 housing units in Saranac.
This represents a 0.5% growth from 607 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 610 were located in what is classified as a rural area.
Homeownership rate in Saranac is about 61.8%.
Saranac's vacancy rate, including seasonal lodging, is about 6.9%.
Average household size is 2.4 people.
The majority of houses, apartments or condos in Saranac were built after 1957.
|Housing Units by Size|
|Five Bedrooms or more||2%|
Owned Homes, Apartments and Condos
|Average Household Size||2.83|
|Median year structure was built||1939|
|Median Value of occupied units||$92,700|
|Median Price asked for vacant units||$82,500|
Rented Homes, Apartments and Condos
|Average Household Size||1.7|
|Median year structure was built||1974|
|Median Monthly Rent asked for vacant units||$398|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||11.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.6%|