Bay City, OR Real Estate
According to census data in the year 2000 there were 578 housing units in Bay City.
This represents a 9.1% growth from 530 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 578 were located in what is classified as a rural area.
Homeownership rate in Bay City is about 73.5%.
Bay City's vacancy rate, including seasonal lodging, is about 15.1%.
Average household size is 2.3 people.
The majority of houses, apartments or condos in Bay City were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 9.20% |
| Two Bedrooms | 35.60% |
| Three Bedrooms | 41% |
| Four Bedrooms | 11.60% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.16 |
| Median year structure was built | 1973 |
| Median Value of occupied units | $115,400 |
| Median Price asked for vacant units | $82,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.67 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $663 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 10.10% |
| Home Equity Loan | 6.20% |
| Simple Mortgage | 43.60% |
| Debt Free | 40.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.8% |
