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Powers, MI Real Estate


According to census data in the year 2000 there were 146 housing units in Powers. This represents a 6.4% decline from 156 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 146 were located in what is classified as a rural area.

Homeownership rate in Powers is about 52.9%. Powers's vacancy rate, including seasonal lodging, is about 18.5%. Average household size is 1.69 people.

The majority of houses, apartments or condos in Powers were built after 1957.

Statistics

Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom22.60%
Two Bedrooms32.20%
Three Bedrooms27.40%
Four Bedrooms10.30%
Five Bedrooms or more6.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size1.94
Median year structure was built1947
Median Value of occupied units$55,900
Median Price asked for vacant units$30,800

Rented Homes, Apartments and Condos

Average Household Size1.41
Median year structure was built1974
Median Monthly Rent asked for vacant units$208

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage47.30%
Debt Free52.70%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs16.8%