Skidway Lake, MI Real Estate
According to census data in the year 2000 there were 2,562 housing units in Skidway Lake.
This represents a 3.3% growth from 2,479 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 2,562 were located in what is classified as a rural area.
Homeownership rate in Skidway Lake is about 81.7%.
Skidway Lake's vacancy rate, including seasonal lodging, is about 47.9%.
Average household size is 2.33 people.
The majority of houses, apartments or condos in Skidway Lake were built after 1970.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.90% |
| One Bedroom | 22.10% |
| Two Bedrooms | 49.30% |
| Three Bedrooms | 21.90% |
| Four Bedrooms | 2.80% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.18 |
| Median year structure was built | 1969 |
| Median Value of occupied units | $44,100 |
| Median Price asked for vacant units | $17,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.98 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $256 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.60% |
| Home Equity Loan | 5.80% |
| Simple Mortgage | 45.80% |
| Debt Free | 43.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.8% |
