Temperance, MI Real Estate
According to census data in the year 2000 there were 2,920 housing units in Temperance.
This represents a 25.5% growth from 2,326 in 1990.
Of those housing units, 2,920 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Temperance is about 84.8%.
Temperance's vacancy rate, including seasonal lodging, is about 3.2%.
Average household size is 2.7 people.
The majority of houses, apartments or condos in Temperance were built after 1970.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 5.80% |
| Two Bedrooms | 14.80% |
| Three Bedrooms | 55.60% |
| Four Bedrooms | 22.40% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.85 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $138,300 |
| Median Price asked for vacant units | $139,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.85 |
| Median year structure was built | 1980 |
| Median Monthly Rent asked for vacant units | $550 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 7.10% |
| Home Equity Loan | 13.10% |
| Simple Mortgage | 53.90% |
| Debt Free | 25.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.1% |
