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 Units by Size|
|Five Bedrooms or more||1.40%|
Owned Homes, Apartments and Condos
|Average Household Size||2.63|
|Median year structure was built||1946|
|Median Value of occupied units||$99,300|
|Median Price asked for vacant units||$71,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.2|
|Median year structure was built||1974|
|Median Monthly Rent asked for vacant units||$367|
Owners Finance Status
|Second Mortgage & Equity Loan||0.50%|
|Home Equity Loan||14.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.7%|