Bay City, MI Real Estate

According to census data in the year 2000 there were 16,259 housing units in Bay City. This represents a 0.7% decline from 16,372 in 1990.

Of those housing units, 16,259 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Bay City is about 69.5%. Bay City's vacancy rate, including seasonal lodging, is about 6.5%. Average household size is 2.38 people.

The majority of houses, apartments or condos in Bay City were built after 1940.


Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom15.90%
Two Bedrooms28%
Three Bedrooms35.60%
Four Bedrooms16.70%
Five Bedrooms or more2.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.5
Median year structure was built1939
Median Value of occupied units$65,700
Median Price asked for vacant units$51,000

Rented Homes, Apartments and Condos

Average Household Size2.11
Median year structure was built1946
Median Monthly Rent asked for vacant units$389

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage4%
Home Equity Loan6%
Simple Mortgage47.10%
Debt Free42.40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.8%