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Lawrence, MI Real Estate


According to census data in the year 2000 there were 406 housing units in Lawrence. This represents a 3.6% growth from 392 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 406 were located in what is classified as a rural area.

Homeownership rate in Lawrence is about 63.6%. Lawrence's vacancy rate, including seasonal lodging, is about 6.7%. Average household size is 2.6 people.

The majority of houses, apartments or condos in Lawrence were built after 1953.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom15.50%
Two Bedrooms30.80%
Three Bedrooms34.70%
Four Bedrooms13.10%
Five Bedrooms or more4.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.02
Median year structure was built1942
Median Value of occupied units$70,600
Median Price asked for vacant units$61,700

Rented Homes, Apartments and Condos

Average Household Size1.88
Median year structure was built1975
Median Monthly Rent asked for vacant units$350

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.20%
Home Equity Loan11.90%
Simple Mortgage47.90%
Debt Free33%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.1%