Kingsford, MI Real Estate
According to census data in the year 2000 there were 2,571 housing units in Kingsford.
This represents a 14.4% growth from 2,248 in 1990.
Of those housing units, 2,571 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Kingsford is about 72.1%.
Kingsford's vacancy rate, including seasonal lodging, is about 6.7%.
Average household size is 2.28 people.
The majority of houses, apartments or condos in Kingsford were built after 1954.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.60% |
| One Bedroom | 11.60% |
| Two Bedrooms | 36.70% |
| Three Bedrooms | 34.80% |
| Four Bedrooms | 14.80% |
| Five Bedrooms or more | 0.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.43 |
| Median year structure was built | 1945 |
| Median Value of occupied units | $59,200 |
| Median Price asked for vacant units | $39,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.87 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $336 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 3.90% |
| Home Equity Loan | 3.30% |
| Simple Mortgage | 52.30% |
| Debt Free | 40.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.1% |
