Mineral Hills, MI Real Estate
According to census data in the year 2000 there were 93 housing units in Mineral Hills.
This represents a 3.3% growth from 90 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 93 were located in what is classified as a rural area.
Homeownership rate in Mineral Hills is about 73%.
Mineral Hills's vacancy rate, including seasonal lodging, is about 4.3%.
Average household size is 2.49 people.
The majority of houses, apartments or condos in Mineral Hills were built after 1943.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.50% |
| Two Bedrooms | 40.90% |
| Three Bedrooms | 34.40% |
| Four Bedrooms | 12.90% |
| Five Bedrooms or more | 4.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.12 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $35,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.5 |
| Median year structure was built | 1972 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.20% |
| Home Equity Loan | 5.20% |
| Simple Mortgage | 48.30% |
| Debt Free | 41.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.4% |
