Minden City, MI Real Estate
According to census data in the year 2000 there were 105 housing units in Minden City.
This represents a 12.9% growth from 93 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 105 were located in what is classified as a rural area.
Homeownership rate in Minden City is about 79.1%.
Minden City's vacancy rate, including seasonal lodging, is about 13.3%.
Average household size is 2.47 people.
The majority of houses, apartments or condos in Minden City were built after 1943.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 1.90% |
| Two Bedrooms | 26.70% |
| Three Bedrooms | 41% |
| Four Bedrooms | 23.80% |
| Five Bedrooms or more | 6.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.22 |
| Median year structure was built | 1944 |
| Median Value of occupied units | $54,000 |
| Median Price asked for vacant units | $27,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.42 |
| Median year structure was built | 1942 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 3% |
| Simple Mortgage | 34.80% |
| Debt Free | 62.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.5% |
