Escanaba, MI Real Estate
According to census data in the year 2000 there were 6,250 housing units in Escanaba.
This represents a 3.1% growth from 6,063 in 1990.
Of those housing units, 6,250 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Escanaba is about 64.3%.
Escanaba's vacancy rate, including seasonal lodging, is about 7.3%.
Average household size is 2.19 people.
The majority of houses, apartments or condos in Escanaba were built after 1946.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 15.90% |
| Two Bedrooms | 32.40% |
| Three Bedrooms | 34.20% |
| Four Bedrooms | 13.50% |
| Five Bedrooms or more | 2.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.35 |
| Median year structure was built | 1944 |
| Median Value of occupied units | $75,800 |
| Median Price asked for vacant units | $65,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.89 |
| Median year structure was built | 1951 |
| Median Monthly Rent asked for vacant units | $345 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 4% |
| Home Equity Loan | 4.40% |
| Simple Mortgage | 44.20% |
| Debt Free | 46.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.4% |
