Wayland, MI Real Estate
According to census data in the year 2000 there were 1,588 housing units in Wayland.
This represents a 31.5% growth from 1,208 in 1990.
Of those housing units, 1,570 were located in either urbanized areas or urban clusters, and 18 were located in what is classified as a rural area.
Homeownership rate in Wayland is about 70.6%.
Wayland's vacancy rate, including seasonal lodging, is about 7.6%.
Average household size is 2.58 people.
The majority of houses, apartments or condos in Wayland were built after 1980.
|Housing Units by Size|
|Five Bedrooms or more||1.40%|
Owned Homes, Apartments and Condos
|Average Household Size||2.9|
|Median year structure was built||1976|
|Median Value of occupied units||$99,500|
|Median Price asked for vacant units||$80,700|
Rented Homes, Apartments and Condos
|Average Household Size||1.81|
|Median year structure was built||1986|
|Median Monthly Rent asked for vacant units||$556|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||10.80%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18.6%|