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Pearl Beach, MI Real Estate


According to census data in the year 2000 there were 1,577 housing units in Pearl Beach. This represents a 4.6% growth from 1,507 in 1990.

Of those housing units, 1,577 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Pearl Beach is about 93.2%. Pearl Beach's vacancy rate, including seasonal lodging, is about 10.8%. Average household size is 2.24 people.

The majority of houses, apartments or condos in Pearl Beach were built after 1965.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom4.70%
Two Bedrooms32.50%
Three Bedrooms51.30%
Four Bedrooms9.40%
Five Bedrooms or more2.10%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.26
Median year structure was built1967
Median Value of occupied units$188,700
Median Price asked for vacant units$218,800

Rented Homes, Apartments and Condos

Average Household Size1.98
Median year structure was built1953

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.40%
Home Equity Loan12.80%
Simple Mortgage53.70%
Debt Free27.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.8%