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Boyne Falls, MI Real Estate


According to census data in the year 2000 there were 201 housing units in Boyne Falls. This represents a 10.4% growth from 182 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 201 were located in what is classified as a rural area.

Homeownership rate in Boyne Falls is about 74.1%. Boyne Falls's vacancy rate, including seasonal lodging, is about 19.4%. Average household size is 2.22 people.

The majority of houses, apartments or condos in Boyne Falls were built after 1963.

Statistics

Housing Size

Housing Units by Size
Studio Type2%
One Bedroom10.40%
Two Bedrooms35.80%
Three Bedrooms37.30%
Four Bedrooms13.40%
Five Bedrooms or more1%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.23
Median year structure was built1966
Median Value of occupied units$74,700

Rented Homes, Apartments and Condos

Average Household Size2.19
Median year structure was built1944
Median Monthly Rent asked for vacant units$425

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.30%
Home Equity Loan5.30%
Simple Mortgage37.30%
Debt Free52%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17%