Menominee, MI Real Estate

According to census data in the year 2000 there were 4,414 housing units in Menominee. This represents a 1.8% growth from 4,334 in 1990.

Of those housing units, 4,319 were located in either urbanized areas or urban clusters, and 95 were located in what is classified as a rural area.

Homeownership rate in Menominee is about 69.7%. Menominee's vacancy rate, including seasonal lodging, is about 7.6%. Average household size is 2.23 people.

The majority of houses, apartments or condos in Menominee were built after 1947.


Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom16.20%
Two Bedrooms29.40%
Three Bedrooms38.80%
Four Bedrooms12.20%
Five Bedrooms or more2.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.42
Median year structure was built1945
Median Value of occupied units$56,300
Median Price asked for vacant units$60,500

Rented Homes, Apartments and Condos

Average Household Size1.77
Median year structure was built1954
Median Monthly Rent asked for vacant units$291

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage3.80%
Home Equity Loan8%
Simple Mortgage42.60%
Debt Free45.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.3%