Big Rapids, MI Real Estate
According to census data in the year 2000 there were 3,578 housing units in Big Rapids.
This represents a 0.8% growth from 3,548 in 1990.
Of those housing units, 3,562 were located in either urbanized areas or urban clusters, and 16 were located in what is classified as a rural area.
Homeownership rate in Big Rapids is about 35.1%.
Big Rapids's vacancy rate, including seasonal lodging, is about 6.8%.
Average household size is 2.23 people.
The majority of houses, apartments or condos in Big Rapids were built after 1964.
|Housing Units by Size|
|Five Bedrooms or more||3.40%|
Owned Homes, Apartments and Condos
|Average Household Size||2.49|
|Median year structure was built||1946|
|Median Value of occupied units||$75,400|
|Median Price asked for vacant units||$37,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.09|
|Median year structure was built||1969|
|Median Monthly Rent asked for vacant units||$367|
Owners Finance Status
|Second Mortgage & Equity Loan||0.60%|
|Home Equity Loan||6.40%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.9%|