Gibraltar, MI Real Estate
According to census data in the year 2000 there were 1,791 housing units in Gibraltar.
This represents a 7.8% growth from 1,662 in 1990.
Of those housing units, 1,791 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Gibraltar is about 73.4%.
Gibraltar's vacancy rate, including seasonal lodging, is about 3.5%.
Average household size is 2.46 people.
The majority of houses, apartments or condos in Gibraltar were built after 1966.
|Housing Units by Size|
|Five Bedrooms or more||3.10%|
Owned Homes, Apartments and Condos
|Average Household Size||2.62|
|Median year structure was built||1964|
|Median Value of occupied units||$147,700|
|Median Price asked for vacant units||$350,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.02|
|Median year structure was built||1973|
|Median Monthly Rent asked for vacant units||$562|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||14.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.4%|