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 Units by Size|
|Five Bedrooms or more||2.60%|
Owned Homes, Apartments and Condos
|Average Household Size||2.42|
|Median year structure was built||1945|
|Median Value of occupied units||$56,300|
|Median Price asked for vacant units||$60,500|
Rented Homes, Apartments and Condos
|Average Household Size||1.77|
|Median year structure was built||1954|
|Median Monthly Rent asked for vacant units||$291|
Owners Finance Status
|Second Mortgage & Equity Loan||0.30%|
|Home Equity Loan||8%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||14.3%|