New Baltimore, MI Real Estate
According to census data in the year 2000 there were 3,218 housing units in New Baltimore.
This represents a 30.9% growth from 2,459 in 1990.
Of those housing units, 3,218 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in New Baltimore is about 71.5%.
New Baltimore's vacancy rate, including seasonal lodging, is about 8.6%.
Average household size is 2.48 people.
The majority of houses, apartments or condos in New Baltimore were built after 1977.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.90% |
| One Bedroom | 17% |
| Two Bedrooms | 22.70% |
| Three Bedrooms | 44.10% |
| Four Bedrooms | 12.30% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.8 |
| Median year structure was built | 1979 |
| Median Value of occupied units | $165,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.66 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $442 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.80% |
| Second Mortgage | 3.50% |
| Home Equity Loan | 17.30% |
| Simple Mortgage | 61.40% |
| Debt Free | 17% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.7% |
