Charlotte, MI Real Estate

According to census data in the year 2000 there were 3,391 housing units in Charlotte. This represents a 5.8% growth from 3,204 in 1990.

Of those housing units, 3,242 were located in either urbanized areas or urban clusters, and 149 were located in what is classified as a rural area.

Homeownership rate in Charlotte is about 67.4%. Charlotte's vacancy rate, including seasonal lodging, is about 5.2%. Average household size is 2.45 people.

The majority of houses, apartments or condos in Charlotte were built after 1952.


Housing Size

Housing Units by Size
Studio Type3%
One Bedroom11.90%
Two Bedrooms31.90%
Three Bedrooms38.50%
Four Bedrooms10.90%
Five Bedrooms or more3.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.71
Median year structure was built1950
Median Value of occupied units$83,700
Median Price asked for vacant units$80,000

Rented Homes, Apartments and Condos

Average Household Size1.92
Median year structure was built1956
Median Monthly Rent asked for vacant units$319

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage3.50%
Home Equity Loan11.90%
Simple Mortgage60.20%
Debt Free24%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.5%