Cement City, MI Real Estate
According to census data in the year 2000 there were 173 housing units in Cement City.
This represents a 3.4% decline from 179 in 1990.
Of those housing units, 109 were located in either urbanized areas or urban clusters, and 64 were located in what is classified as a rural area.
Homeownership rate in Cement City is about 89.4%.
Cement City's vacancy rate, including seasonal lodging, is about 6.9%.
Average household size is 2.73 people.
The majority of houses, apartments or condos in Cement City were built after 1943.
|Housing Units by Size|
|Five Bedrooms or more||4%|
Owned Homes, Apartments and Condos
|Average Household Size||2.74|
|Median year structure was built||1940|
|Median Value of occupied units||$80,600|
Rented Homes, Apartments and Condos
|Average Household Size||2.71|
|Median year structure was built||1948|
|Median Monthly Rent asked for vacant units||$425|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||8.20%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||14.3%|