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Stambaugh, MI Real Estate


According to census data in the year 2000 there were 665 housing units in Stambaugh. This represents a 1.3% decline from 674 in 1990.

Of those housing units, 627 were located in either urbanized areas or urban clusters, and 38 were located in what is classified as a rural area.

Homeownership rate in Stambaugh is about 68.4%. Stambaugh's vacancy rate, including seasonal lodging, is about 12.8%. Average household size is 2.1 people.

The majority of houses, apartments or condos in Stambaugh were built after 1943.

Statistics

Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom13.80%
Two Bedrooms35%
Three Bedrooms35.50%
Four Bedrooms10.20%
Five Bedrooms or more4.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.13
Median year structure was built1939
Median Value of occupied units$37,700
Median Price asked for vacant units$32,500

Rented Homes, Apartments and Condos

Average Household Size2.04
Median year structure was built1960
Median Monthly Rent asked for vacant units$300

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.70%
Home Equity Loan5.40%
Simple Mortgage36.90%
Debt Free55%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13.9%