Gagetown, MI Real Estate
According to census data in the year 2000 there were 158 housing units in Gagetown.
This represents a 14.5% growth from 138 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 158 were located in what is classified as a rural area.
Homeownership rate in Gagetown is about 74.3%.
Gagetown's vacancy rate, including seasonal lodging, is about 6.3%.
Average household size is 2.51 people.
The majority of houses, apartments or condos in Gagetown were built after 1947.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 10.80% |
| Two Bedrooms | 25.30% |
| Three Bedrooms | 46.80% |
| Four Bedrooms | 12% |
| Five Bedrooms or more | 3.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.58 |
| Median year structure was built | 1946 |
| Median Value of occupied units | $40,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.32 |
| Median year structure was built | 1955 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.50% |
| Home Equity Loan | 0% |
| Simple Mortgage | 51.60% |
| Debt Free | 42.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.8% |
