Muskegon, MI Real Estate
According to census data in the year 2000 there were 16,017 housing units in Muskegon.
This represents a 0% decline from 16,019 in 1990.
Of those housing units, 16,011 were located in either urbanized areas or urban clusters, and 6 were located in what is classified as a rural area.
Homeownership rate in Muskegon is about 57%.
Muskegon's vacancy rate, including seasonal lodging, is about 9.1%.
Average household size is 2.42 people.
The majority of houses, apartments or condos in Muskegon were built after 1950.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.70% |
| One Bedroom | 18.80% |
| Two Bedrooms | 36.50% |
| Three Bedrooms | 30% |
| Four Bedrooms | 10.90% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.54 |
| Median year structure was built | 1946 |
| Median Value of occupied units | $59,800 |
| Median Price asked for vacant units | $38,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.27 |
| Median year structure was built | 1959 |
| Median Monthly Rent asked for vacant units | $357 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 5.70% |
| Home Equity Loan | 7.50% |
| Simple Mortgage | 52.50% |
| Debt Free | 34.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.1% |
