Luna Pier, MI Real Estate

According to census data in the year 2000 there were 661 housing units in Luna Pier. This represents a 9.1% growth from 606 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 661 were located in what is classified as a rural area.

Homeownership rate in Luna Pier is about 69.6%. Luna Pier's vacancy rate, including seasonal lodging, is about 10.4%. Average household size is 2.5 people.

The majority of houses, apartments or condos in Luna Pier were built after 1954.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom19.10%
Two Bedrooms26.80%
Three Bedrooms42.70%
Four Bedrooms10.10%
Five Bedrooms or more1.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.63
Median year structure was built1946
Median Value of occupied units$99,300
Median Price asked for vacant units$71,000

Rented Homes, Apartments and Condos

Average Household Size2.2
Median year structure was built1974
Median Monthly Rent asked for vacant units$367

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage7.10%
Home Equity Loan14.60%
Simple Mortgage44.90%
Debt Free32.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.7%