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Hemlock, MI Real Estate


According to census data in the year 2000 there were 648 housing units in Hemlock. This represents a 4.7% growth from 619 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 648 were located in what is classified as a rural area.

Homeownership rate in Hemlock is about 77.7%. Hemlock's vacancy rate, including seasonal lodging, is about 6.5%. Average household size is 2.61 people.

The majority of houses, apartments or condos in Hemlock were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom9.30%
Two Bedrooms29.50%
Three Bedrooms45.10%
Four Bedrooms11.90%
Five Bedrooms or more4.30%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.66
Median year structure was built1961
Median Value of occupied units$86,800
Median Price asked for vacant units$137,500

Rented Homes, Apartments and Condos

Average Household Size2.41
Median year structure was built1977
Median Monthly Rent asked for vacant units$325

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.10%
Home Equity Loan10.90%
Simple Mortgage53.70%
Debt Free32.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.5%