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South Range, MI Real Estate


According to census data in the year 2000 there were 391 housing units in South Range. This represents a 0.3% growth from 390 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 391 were located in what is classified as a rural area.

Homeownership rate in South Range is about 74.1%. South Range's vacancy rate, including seasonal lodging, is about 9.2%. Average household size is 2.12 people.

The majority of houses, apartments or condos in South Range were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type1.50%
One Bedroom10.50%
Two Bedrooms29.20%
Three Bedrooms47.10%
Four Bedrooms10.20%
Five Bedrooms or more1.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.13
Median year structure was built1939
Median Value of occupied units$42,000
Median Price asked for vacant units$30,000

Rented Homes, Apartments and Condos

Average Household Size2.09
Median year structure was built1947
Median Monthly Rent asked for vacant units$413

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.30%
Home Equity Loan4.70%
Simple Mortgage39%
Debt Free55.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.9%