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Lakes Of The North, MI Housing

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As of 2008-2012, median price of a house in Lakes Of The North is $132,700, which is higher than the state average of $120,200 and is lower than the national average of $175,700. The median year that a house in Lakes Of The North was built is 1987, which is newer than the median year for a house built in the state which is 1969 and is newer than the median year for a house built in the USA which is 1975.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 353 Owner Occupied Houses in Lakes Of The North, MI, #169

Lakes Of The North, MI	132,700 USD
Michigan	128,600 USD
U.S.	181,400 USD

Median House Price Growth Since 2006-2010, see rank

Lakes Of The North, MI	22.87%
Michigan	3.98%
U.S.	46.91%

*The Lakes Of The North, MI median house price growth rate is since 2006-2010. The Michigan and U.S population growth rate is since 2000.

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2008-2012 data. View historical house value data.

Housing Occupancy

	Lakes Of The North, MI	Michigan	U.S.
Total Housing Units	1,008, see rank, 100%	4,532,233	131,704,730
Occupied Housing Units	409, 40.58%, see rank	85.44%	88.62%
Owner Occupied	376, 37.30%, see rank	61.63%	57.69%
Renter Occupied	33, 3.27%, see rank	23.81%	30.93%
Vacant Housing Units	599, 59.42%, see rank	14.56%	11.38%
For Rent	4, 0.40%, see rank	3.13%	3.14%
For Sale Only	26, 2.58%, see rank	1.70%	1.44%
Rented or Sold, Not Occupied	2, 0.20%, see rank	0.54%	0.48%
For Seasonal, Recreational, or Occasional Use	544, 53.97%, see rank	5.80%	3.53%
For Migrant Workers	0, 0.00%, see rank	0.04%	0.02%
Other Vacant	23, 2.28%, see rank	3.34%	2.77%

*Based on 2010 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #25

Lakes Of The North, MI	Michigan	U.S.
1987	1969	1975

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2008-2012 data. View historical year structure built data.

Mortgage Status

	Lakes Of The North, MI	%	Michigan	U.S.
Owner-Occupied Units	353	100%	2,780,213	75,484,661
With a Mortgage	275	77.90%, see rank	66.09%	67.13%
Without a Mortgage	78	22.10%, see rank	33.91%	32.87%

*Based on 2008-2012 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Lakes Of The North, MI	1,267 USD
Michigan	1,355 USD
U.S.	1,559 USD

Owner Costs Distribution

Monthly Owner Costs	Lakes Of The North, MI	%	Michigan	U.S.
$299 or Less	0	0.00%, see rank	0.21%	0.18%
$300 to $499	0	0.00%, see rank	1.82%	1.59%
$500 to $699	24	8.73%, see rank	5.87%	4.89%
$700 to $999	54	19.64%, see rank	17.51%	13.71%
$1,000 to $1,499	150	54.55%, see rank	33.79%	26.97%
$1,500 to $1,999	37	13.45%, see rank	21.23%	20.33%
$2,000 to $2,999	10	3.64%, see rank	14.60%	20.10%
$3,000 or More	0	0.00%, see rank	4.97%	12.24%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Lakes Of The North, MI	38.10% of the Total Income
Michigan	24.10% of the Total Income
U.S.	24.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Lakes Of The North, MI	%	Michigan	U.S.
10% or Less	0	0.00%, see rank	4.76%	5.04%
10% to 20%	57	20.73%, see rank	31.47%	29.70%
20% to 30%	54	19.64%, see rank	28.84%	28.18%
30% to 40%	24	8.73%, see rank	14.27%	14.80%
40% or More	128	46.55%, see rank	20.19%	21.80%

*Based on 2008-2012 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Lakes Of The North, MI	330 USD
Michigan	461 USD
U.S.	449 USD

Owner Costs Distribution

Monthly Owner Costs	Lakes Of The North, MI	%	Michigan	U.S.
$199 or Less	0	0.00%, see rank	4.85%	7.99%
$200 to $299	14	17.95%, see rank	12.47%	15.31%
$300 to $499	56	71.79%, see rank	40.78%	35.02%
$500 to $699	4	5.13%, see rank	25.82%	20.88%
$700 or More	4	5.13%, see rank	16.09%	20.80%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Lakes Of The North, MI	11.00% of the Total Income
Michigan	13.70% of the Total Income
U.S.	12.60% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Lakes Of The North, MI	%	Michigan	U.S.
10% or Less	32	41.03%, see rank	33.67%	39.10%
10% to 20%	46	58.97%, see rank	34.15%	31.88%
20% to 30%	0	0.00%, see rank	13.95%	12.59%
30% to 40%	0	0.00%, see rank	6.50%	5.84%
40% or More	0	0.00%, see rank	10.49%	9.41%

*Based on 2008-2012 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Lakes Of The North, MI	Michigan	U.S.
Total Housing Units	974, 100%	4,531,958	131,642,457
1-unit, Detached	780, 80.08%, see rank	71.86%	61.70%
1-unit, Attached	0, 0.00%, see rank	4.61%	5.79%
2 Units	0, 0.00%, see rank	2.70%	3.80%
3 or 4 Units	8, 0.82%, see rank	2.56%	4.44%
5 to 9 Units	0, 0.00%, see rank	4.22%	4.78%
10 or More Units	9, 0.92%, see rank	8.54%	12.89%
Mobile Home, Boat, RV, Van, etc.	177, 18.17%, see rank	5.52%	6.60%

*Based on 2008-2012 data. View historical units in structure data.

Rooms

	Lakes Of The North, MI	Michigan	U.S.
Total Housing Units	974, 100%	4,531,958	131,642,457
1 Room	0, 0.00%, see rank	1.23%	1.95%
2 Rooms	5, 0.51%, see rank	1.68%	2.36%
3 Rooms	32, 3.29%, see rank	6.94%	8.97%
4 Rooms	286, 29.36%, see rank	14.40%	16.57%
5 Rooms	299, 30.70%, see rank	21.17%	20.41%
6 Rooms	183, 18.79%, see rank	20.13%	18.25%
7 Rooms	87, 8.93%, see rank	13.55%	12.38%
8 Rooms	49, 5.03%, see rank	9.29%	8.59%
9 Rooms or More	33, 3.39%, see rank	11.61%	10.52%
Median Rooms	5.00, see rank	5.70	5.50

*Based on 2008-2012 data. View historical rooms data.

Bedrooms

	Lakes Of The North, MI	Michigan	U.S.
Total Housing Units	974, 100%	4,531,958	131,642,457
No Bedroom	14, 1.44%, see rank	1.34%	2.16%
1 Bedroom	0, 0.00%, see rank	8.96%	11.12%
2 Bedrooms	416, 42.71%, see rank	26.52%	26.85%
3 Bedrooms	379, 38.91%, see rank	44.01%	39.76%
4 Bedrooms	93, 9.55%, see rank	15.71%	15.95%
5 or More Bedrooms	72, 7.39%, see rank	3.45%	4.16%

*Based on 2008-2012 data. View historical bedrooms data.

House Heating Fuel

	Lakes Of The North, MI	Michigan	U.S.
Total Housing Units	419, 100%	3,818,931	115,226,802
Utility Gas	17, 4.06%, see rank	77.63%	49.42%
Bottled, Tank, or LP Gas	335, 79.95%, see rank	8.76%	5.03%
Electricity	39, 9.31%, see rank	7.60%	35.51%
Fuel Oil, Kerosene, etc.	0, 0.00%, see rank	1.69%	6.46%
Coal or Coke	0, 0.00%, see rank	0.03%	0.12%
Wood	24, 5.73%, see rank	3.20%	2.08%
Solar Energy	0, 0.00%, see rank	0.01%	0.04%
Other Fuel	4, 0.95%, see rank	0.76%	0.43%
No Fuel Used	0, 0.00%, see rank	0.32%	0.90%

*Based on 2008-2012 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Lakes Of The North, MI	Michigan	U.S.
Occupied Units Paying Rent	59, 100%	981,443	37,562,111
$199 or Less	0, 0.00%, see rank	2.26%	1.76%
$200 to $299	0, 0.00%, see rank	3.90%	3.29%
$300 to $499	9, 15.25%, see rank	10.27%	8.20%
$500 to $699	6, 10.17%, see rank	25.57%	17.39%
$700 to $999	44, 74.58%, see rank	34.03%	29.40%
$1,000 to $1,499	0, 0.00%, see rank	18.68%	25.73%
$1,500 to $1,999	0, 0.00%, see rank	3.45%	8.92%
$2,000 or More	0, 0.00%, see rank	1.83%	5.30%
Median	$720, see rank	$755	$889

*Based on 2008-2012 data. View historical gross rent data.

Vehicle Available

	Lakes Of The North, MI	Michigan	U.S.
Occupied Housing Units	419, 100%	3,818,931	115,226,802
No Vehicles Available	32, 7.64%, see rank	7.66%	9.03%
1 Vehicles Available	105, 25.06%, see rank	34.93%	33.67%
2 Vehicles Available	238, 56.80%, see rank	38.86%	37.64%
3 or More Vehicles Available	44, 10.50%, see rank	18.54%	19.66%

*Based on 2008-2012 data. View historical vehicle available data.