Stephenson, MI Real Estate
According to census data in the year 2000 there were 407 housing units in Stephenson.
This represents a 1.5% growth from 401 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 407 were located in what is classified as a rural area.
Homeownership rate in Stephenson is about 76.5%.
Stephenson's vacancy rate, including seasonal lodging, is about 8.1%.
Average household size is 2.07 people.
The majority of houses, apartments or condos in Stephenson were built after 1953.
|Housing Units by Size|
|Five Bedrooms or more||4.90%|
Owned Homes, Apartments and Condos
|Average Household Size||2.18|
|Median year structure was built||1950|
|Median Value of occupied units||$60,200|
|Median Price asked for vacant units||$112,500|
Rented Homes, Apartments and Condos
|Average Household Size||1.74|
|Median year structure was built||1968|
|Median Monthly Rent asked for vacant units||$325|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||5.40%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.5%|