Vassar, MI Real Estate
According to census data in the year 2000 there were 1,079 housing units in Vassar.
This represents a 3.1% growth from 1,047 in 1990.
Of those housing units, 1,033 were located in either urbanized areas or urban clusters, and 46 were located in what is classified as a rural area.
Homeownership rate in Vassar is about 68.6%.
Vassar's vacancy rate, including seasonal lodging, is about 7%.
Average household size is 2.48 people.
The majority of houses, apartments or condos in Vassar were built after 1951.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 10% |
| Two Bedrooms | 29.50% |
| Three Bedrooms | 47.20% |
| Four Bedrooms | 8.70% |
| Five Bedrooms or more | 4.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.78 |
| Median year structure was built | 1948 |
| Median Value of occupied units | $69,000 |
| Median Price asked for vacant units | $38,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.83 |
| Median year structure was built | 1958 |
| Median Monthly Rent asked for vacant units | $381 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 0.60% |
| Home Equity Loan | 9.40% |
| Simple Mortgage | 53.10% |
| Debt Free | 36.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.1% |
