Cadillac, MI Real Estate
According to census data in the year 2000 there were 4,440 housing units in Cadillac.
This represents a 3.3% growth from 4,298 in 1990.
Of those housing units, 4,417 were located in either urbanized areas or urban clusters, and 23 were located in what is classified as a rural area.
Homeownership rate in Cadillac is about 64.6%.
Cadillac's vacancy rate, including seasonal lodging, is about 7.8%.
Average household size is 2.38 people.
The majority of houses, apartments or condos in Cadillac were built after 1954.
|Housing Units by Size|
|Five Bedrooms or more||3.50%|
Owned Homes, Apartments and Condos
|Average Household Size||2.43|
|Median year structure was built||1950|
|Median Value of occupied units||$72,500|
|Median Price asked for vacant units||$75,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.29|
|Median year structure was built||1962|
|Median Monthly Rent asked for vacant units||$424|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||7.70%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.6%|