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Michigan City Housing, Costs

Monthly Michigan City housing costs for owner-occupied housing units. Costs are in two categories, for owners with a mortgage, and without a mortgage. Costs are displayed in dollar amounts in the first table, and as a percentage of total income in the second table.


Housing costs

Number

Percent

Specified owner-occupied housing units

6,543

100.0%

 

 

 

With a mortgage

4,272

65.3%

Less than $200 monthly

7

0.2%

$200 - $299 monthly

29

0.7%

$300 - $399 monthly

140

3.3%

$400 - $499 monthly

330

7.7%

$500 - $599 monthly

502

11.8%

$600 - $699 monthly

558

13.1%

$700 - $799 monthly

677

15.8%

$800 - $899 monthly

592

13.9%

$900 - $999 monthly

347

8.1%

$1,000 - $1,499 monthly

826

19.3%

$1,500 - $1,999 monthly

171

4.0%

$2,000 - $2,499 monthly

42

1.0%

$2,500 - $2,999 monthly

26

0.6%

$3,000 or more monthly

25

0.6%

Median in dollars

784

 

 

 

 

Without a mortgage

2,271

34.7%

Less than $100 monthly

66

2.9%

$100 - $149 monthly

132

5.8%

$150 - $199 monthly

321

14.1%

$200 - $249 monthly

515

22.7%

$250 - $299 monthly

453

19.9%

$300 - $399 monthly

527

23.2%

$400 - $499 monthly

149

6.6%

$500 - $699 monthly

79

3.5%

$700 or more monthly

29

1.3%

Median in dollars

261

 


Housing costs as a percentage of monthly income (1999)

Number

Percent

With a mortgage

4,272

65.3%

Less than 20%

2,028

47.5%

20 - 24%

691

16.2%

25 - 29%

465

10.9%

30 - 34%

289

6.8%

35% or more

769

18.0%

Not computed

30

0.7%

Median

20.7%

 

 

 

 

Without a mortgage

2,271

34.7%

Less than 20%

1,729

76.1%

20 - 24%

187

8.2%

25 - 29%

81

3.6%

30 - 34%

84

3.7%

35% or more

146

6.4%

Not computed

44

1.9%

Median

11.3%

 





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