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Baldwin, MI Real Estate


According to census data in the year 2000 there were 479 housing units in Baldwin. This represents a 17.4% growth from 408 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 479 were located in what is classified as a rural area.

Homeownership rate in Baldwin is about 36.7%. Baldwin's vacancy rate, including seasonal lodging, is about 16.3%. Average household size is 2.07 people.

The majority of houses, apartments or condos in Baldwin were built after 1972.

Statistics

Housing Size

Housing Units by Size
Studio Type1.70%
One Bedroom35.90%
Two Bedrooms29%
Three Bedrooms21.90%
Four Bedrooms9.80%
Five Bedrooms or more1.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.79
Median year structure was built1949
Median Value of occupied units$39,700
Median Price asked for vacant units$33,300

Rented Homes, Apartments and Condos

Average Household Size1.65
Median year structure was built1977
Median Monthly Rent asked for vacant units$317

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.40%
Home Equity Loan5.70%
Simple Mortgage51.20%
Debt Free40.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.9%