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Grand Beach, MI Real Estate


According to census data in the year 2000 there were 333 housing units in Grand Beach. This represents a 19.8% growth from 278 in 1990.

Of those housing units, 245 were located in either urbanized areas or urban clusters, and 88 were located in what is classified as a rural area.

Homeownership rate in Grand Beach is about 91.1%. Grand Beach's vacancy rate, including seasonal lodging, is about 66.4%. Average household size is 2.03 people.

The majority of houses, apartments or condos in Grand Beach were built after 1974.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0.90%
Two Bedrooms8.70%
Three Bedrooms42.30%
Four Bedrooms30.60%
Five Bedrooms or more17.40%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size1.85
Median year structure was built1975
Median Value of occupied units$278,100
Median Price asked for vacant units$118,800

Rented Homes, Apartments and Condos

Average Household Size3.8
Median year structure was built1955
Median Monthly Rent asked for vacant units$1,125

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3%
Home Equity Loan5.10%
Simple Mortgage32.30%
Debt Free59.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.8%