Wakefield, MI Real Estate
According to census data in the year 2000 there were 1,013 housing units in Wakefield.
This represents a 3.8% decline from 1,053 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 1,013 were located in what is classified as a rural area.
Homeownership rate in Wakefield is about 82.2%.
Wakefield's vacancy rate, including seasonal lodging, is about 13.3%.
Average household size is 2.15 people.
The majority of houses, apartments or condos in Wakefield were built after 1939.
|Housing Units by Size|
|Five Bedrooms or more||2.90%|
Owned Homes, Apartments and Condos
|Average Household Size||2.26|
|Median year structure was built||1939|
|Median Value of occupied units||$35,000|
|Median Price asked for vacant units||$27,500|
Rented Homes, Apartments and Condos
|Average Household Size||1.6|
|Median year structure was built||1956|
|Median Monthly Rent asked for vacant units||$182|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||1.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||14.3%|