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Frankenmuth, MI Housing

 
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As of 2010-2014, median price of a house in Frankenmuth is $164,200, which is higher than the state average of $120,200 and is lower than the national average of $175,700. The Frankenmuth median house value has grown by 11.93% since 2000. The growth rate for the price of a house in Frankenmuth is higher than the state average rate of 3.98% and is lower than the national average rate of 46.91%. The median year that a house in Frankenmuth was built is 1976, which is newer than the median year for a house built in the state which is 1969 and is about the same as the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 1,586 Owner Occupied Houses in Frankenmuth, MI, #84
Frankenmuth, MI
164,200 USD
Michigan
120,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #245
Frankenmuth, MI
11.93%
Michigan
3.98%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Frankenmuth, MIMichiganU.S.
Total Housing Units2,505, see rank, 100%4,532,719132,741,033
Occupied Housing Units2,307, 92.10%, see rank84.45%87.55%
Owner Occupied1,586, 63.31%, see rank60.41%56.34%
Renter Occupied721, 28.78%, see rank24.04%31.21%
Vacant Housing Units198, 7.90%, see rank15.55%12.45%
For Rent0, 0.00%, see rank1.84%2.34%
For Sale Only0, 0.00%, see rank1.40%1.20%
Rented or Sold, Not Occupied129, 5.15%, see rank1.04%0.92%
For Seasonal, Recreational, or Occasional Use69, 2.75%, see rank6.26%3.97%
For Migrant Workers0, 0.00%, see rank0.05%0.03%
Other Vacant0, 0.00%, see rank4.96%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #103
Frankenmuth, MIMichiganU.S.
197619691976

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

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Frankenmuth, MI%MichiganU.S.
Owner-Occupied Units1,586100%2,738,01274,787,460
With a Mortgage87755.30%, see rank63.63%65.58%
Without a Mortgage70944.70%, see rank36.37%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Frankenmuth, MI
1,672 USD
Michigan
1,295 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsFrankenmuth, MI%MichiganU.S.
$299 or Less00.00%, see rank0.19%0.20%
$300 to $49900.00%, see rank1.88%1.59%
$500 to $699485.47%, see rank6.65%5.01%
$700 to $999627.07%, see rank19.56%14.32%
$1,000 to $1,49924427.82%, see rank34.69%27.90%
$1,500 to $1,99938744.13%, see rank20.06%20.35%
$2,000 to $2,99913615.51%, see rank12.84%19.52%
$3,000 or More00.00%, see rank4.13%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Frankenmuth, MI
24.50% of the Total Income
Michigan
22.60% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Frankenmuth, MI%MichiganU.S.
10% or Less536.04%, see rank5.90%5.86%
10% to 20%29033.07%, see rank35.28%31.95%
20% to 30%26530.22%, see rank27.51%27.64%
30% to 40%9410.72%, see rank12.63%13.74%
40% or More17519.95%, see rank18.20%20.29%

*Based on 2010-2014 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
Frankenmuth, MI
514 USD
Michigan
463 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsFrankenmuth, MI%MichiganU.S.
$199 or Less00.00%, see rank4.74%7.76%
$200 to $299507.05%, see rank12.46%14.70%
$300 to $49927538.79%, see rank40.41%34.63%
$500 to $69931344.15%, see rank25.95%21.16%
$700 or More7110.01%, see rank16.44%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Frankenmuth, MI
15.50% of the Total Income
Michigan
13.40% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Frankenmuth, MI%MichiganU.S.
10% or Less14420.31%, see rank35.33%40.19%
10% to 20%33547.25%, see rank33.76%31.47%
20% to 30%14119.89%, see rank13.39%12.24%
30% to 40%314.37%, see rank6.18%5.64%
40% or More456.35%, see rank9.99%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Frankenmuth, MIMichiganU.S.
Total Housing Units2,505, 100%4,532,719132,741,033
1-unit, Detached1,503, 60.00%, see rank71.97%61.65%
1-unit, Attached346, 13.81%, see rank4.66%5.82%
2 Units16, 0.64%, see rank2.58%3.75%
3 or 4 Units99, 3.95%, see rank2.56%4.43%
5 to 9 Units239, 9.54%, see rank4.20%4.78%
10 or More Units302, 12.06%, see rank8.58%13.08%
Mobile Home, Boat, RV, Van, etc.0, 0.00%, see rank5.45%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Frankenmuth, MIMichiganU.S.
Total Housing Units2,505, 100%4,532,719132,741,033
1 Room67, 2.67%, see rank1.24%1.95%
2 Rooms0, 0.00%, see rank1.78%2.48%
3 Rooms178, 7.11%, see rank7.14%9.13%
4 Rooms390, 15.57%, see rank14.38%16.60%
5 Rooms430, 17.17%, see rank21.00%20.41%
6 Rooms481, 19.20%, see rank20.07%18.06%
7 Rooms303, 12.10%, see rank13.45%12.27%
8 Rooms295, 11.78%, see rank9.27%8.48%
9 Rooms or More361, 14.41%, see rank11.67%10.60%
Median Rooms5.90, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Frankenmuth, MIMichiganU.S.
Total Housing Units2,505, 100%4,532,719132,741,033
No Bedroom111, 4.43%, see rank1.35%2.17%
1 Bedroom147, 5.87%, see rank9.11%11.16%
2 Bedrooms700, 27.94%, see rank26.33%26.69%
3 Bedrooms1,112, 44.39%, see rank43.93%39.70%
4 Bedrooms311, 12.42%, see rank15.80%16.05%
5 or More Bedrooms124, 4.95%, see rank3.47%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Frankenmuth, MIMichiganU.S.
Total Housing Units2,307, 100%3,827,880116,211,092
Utility Gas1,824, 79.06%, see rank77.13%48.85%
Bottled, Tank, or LP Gas20, 0.87%, see rank8.48%4.86%
Electricity415, 17.99%, see rank8.30%36.68%
Fuel Oil, Kerosene, etc.16, 0.69%, see rank1.40%5.86%
Coal or Coke0, 0.00%, see rank0.03%0.12%
Wood0, 0.00%, see rank3.39%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel17, 0.74%, see rank0.86%0.47%
No Fuel Used15, 0.65%, see rank0.39%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalFrankenmuth, MIMichiganU.S.
Occupied Units Paying Rent721, 100%1,028,83539,201,928
$199 or Less31, 4.30%, see rank1.86%1.50%
$200 to $29917, 2.36%, see rank3.88%3.18%
$300 to $499110, 15.26%, see rank9.32%7.37%
$500 to $699155, 21.50%, see rank23.63%16.01%
$700 to $999126, 17.48%, see rank35.23%29.17%
$1,000 to $1,49951, 7.07%, see rank20.17%26.88%
$1,500 to $1,99947, 6.52%, see rank3.85%9.79%
$2,000 or More184, 25.52%, see rank2.06%6.10%
Median$749, see rank$780$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Frankenmuth, MIMichiganU.S.
Occupied Housing Units2,307, 100%3,827,880116,211,092
No Vehicles Available205, 8.89%, see rank7.97%9.12%
1 Vehicles Available1,045, 45.30%, see rank35.06%33.80%
2 Vehicles Available822, 35.63%, see rank38.45%37.48%
3 or More Vehicles Available235, 10.19%, see rank18.52%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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