West Branch, MI Real Estate
According to census data in the year 2000 there were 929 housing units in West Branch.
This represents a 14% growth from 815 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 929 were located in what is classified as a rural area.
Homeownership rate in West Branch is about 53.2%.
West Branch's vacancy rate, including seasonal lodging, is about 10%.
Average household size is 2.26 people.
The majority of houses, apartments or condos in West Branch were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 19.10% |
| Two Bedrooms | 37.60% |
| Three Bedrooms | 30.50% |
| Four Bedrooms | 10.90% |
| Five Bedrooms or more | 2% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.58 |
| Median year structure was built | 1949 |
| Median Value of occupied units | $67,200 |
| Median Price asked for vacant units | $190,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.89 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.50% |
| Home Equity Loan | 2% |
| Simple Mortgage | 56.50% |
| Debt Free | 39% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.3% |
