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Wakeman, OH Real Estate


According to census data in the year 2000 there were 374 housing units in Wakeman. This represents a 9% growth from 343 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 374 were located in what is classified as a rural area.

Homeownership rate in Wakeman is about 79.7%. Wakeman's vacancy rate, including seasonal lodging, is about 3.7%. Average household size is 2.69 people.

The majority of houses, apartments or condos in Wakeman were built after 1949.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom6.10%
Two Bedrooms23.30%
Three Bedrooms51.10%
Four Bedrooms18.70%
Five Bedrooms or more0.80%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.78
Median year structure was built1946
Median Value of occupied units$99,000
Median Price asked for vacant units$137,500

Rented Homes, Apartments and Condos

Average Household Size2.33
Median year structure was built1968
Median Monthly Rent asked for vacant units$275

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.40%
Home Equity Loan9.40%
Simple Mortgage58.50%
Debt Free28.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.8%