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Bay City Metro Area Housing

 

As of 2010-2014, median price of a house in Bay City Area is $93,300, which is lower than the state average of $120,200 and is much lower than the national average of $175,700. The median year that a house in Bay City Area was built is 1961, which is older than the median year for a house built in the state which is 1969 and is older than 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 34,145 Owner Occupied Houses in Bay City Area, #702
Bay City Area
93,300 USD
Michigan
120,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2005-2009, see rank
Bay City Area
-15.18%
Michigan
3.98%
U.S.
46.91%

*The Bay City Area median house price growth rate is since 2005-2009. 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 2010-2014 data. View historical house value data.

Housing Occupancy

 Bay City AreaMichiganU.S.
Total Housing Units48,100, see rank, 100%4,532,719132,741,033
Occupied Housing Units43,712, 90.88%, see rank84.45%87.55%
Owner Occupied34,145, 70.99%, see rank60.41%56.34%
Renter Occupied9,567, 19.89%, see rank24.04%31.21%
Vacant Housing Units4,388, 9.12%, see rank15.55%12.45%
For Rent633, 1.32%, see rank1.84%2.34%
For Sale Only805, 1.67%, see rank1.40%1.20%
Rented or Sold, Not Occupied1,675, 3.48%, see rank1.04%0.92%
For Seasonal, Recreational, or Occasional Use583, 1.21%, see rank6.26%3.97%
For Migrant Workers0, 0.00%, see rank0.05%0.03%
Other Vacant692, 1.44%, see rank4.96%4.00%

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

Year Structure Built

Median Built Year, #773
Bay City AreaMichiganU.S.
196119691976

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

 Bay City Area%MichiganU.S.
Owner-Occupied Units34,145100%2,738,01274,787,460
With a Mortgage18,76854.97%, see rank63.63%65.58%
Without a Mortgage15,37745.03%, 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
Bay City Area
1,111 USD
Michigan
1,295 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsBay City Area%MichiganU.S.
$299 or Less410.22%, see rank0.19%0.20%
$300 to $4992921.56%, see rank1.88%1.59%
$500 to $6991,87810.01%, see rank6.65%5.01%
$700 to $9995,30728.28%, see rank19.56%14.32%
$1,000 to $1,4997,11537.91%, see rank34.69%27.90%
$1,500 to $1,9992,80714.96%, see rank20.06%20.35%
$2,000 to $2,9991,1686.22%, see rank12.84%19.52%
$3,000 or More1600.85%, see rank4.13%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Bay City Area
21.60% 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
 Bay City Area%MichiganU.S.
10% or Less1,2466.64%, see rank5.90%5.86%
10% to 20%7,13838.03%, see rank35.28%31.95%
20% to 30%4,81625.66%, see rank27.51%27.64%
30% to 40%2,35112.53%, see rank12.63%13.74%
40% or More3,14916.78%, 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
Bay City Area
436 USD
Michigan
463 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsBay City Area%MichiganU.S.
$199 or Less5763.75%, see rank4.74%7.76%
$200 to $2992,08513.56%, see rank12.46%14.70%
$300 to $4997,40048.12%, see rank40.41%34.63%
$500 to $6993,77924.58%, see rank25.95%21.16%
$700 or More1,53710.00%, see rank16.44%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Bay City Area
12.90% 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
 Bay City Area%MichiganU.S.
10% or Less5,58836.34%, see rank35.33%40.19%
10% to 20%5,47635.61%, see rank33.76%31.47%
20% to 30%1,96312.77%, see rank13.39%12.24%
30% to 40%7705.01%, see rank6.18%5.64%
40% or More1,3929.05%, 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

 Bay City AreaMichiganU.S.
Total Housing Units48,100, 100%4,532,719132,741,033
1-unit, Detached36,905, 76.73%, see rank71.97%61.65%
1-unit, Attached1,802, 3.75%, see rank4.66%5.82%
2 Units1,399, 2.91%, see rank2.58%3.75%
3 or 4 Units1,352, 2.81%, see rank2.56%4.43%
5 to 9 Units1,086, 2.26%, see rank4.20%4.78%
10 or More Units2,990, 6.22%, see rank8.58%13.08%
Mobile Home, Boat, RV, Van, etc.2,566, 5.33%, see rank5.45%6.49%

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

Rooms

 Bay City AreaMichiganU.S.
Total Housing Units48,100, 100%4,532,719132,741,033
1 Room473, 0.98%, see rank1.24%1.95%
2 Rooms458, 0.95%, see rank1.78%2.48%
3 Rooms2,625, 5.46%, see rank7.14%9.13%
4 Rooms6,241, 12.98%, see rank14.38%16.60%
5 Rooms11,143, 23.17%, see rank21.00%20.41%
6 Rooms10,576, 21.99%, see rank20.07%18.06%
7 Rooms6,874, 14.29%, see rank13.45%12.27%
8 Rooms4,873, 10.13%, see rank9.27%8.48%
9 Rooms or More4,837, 10.06%, see rank11.67%10.60%
Median Rooms5.80, see rank5.705.50

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

Bedrooms

 Bay City AreaMichiganU.S.
Total Housing Units48,100, 100%4,532,719132,741,033
No Bedroom558, 1.16%, see rank1.35%2.17%
1 Bedroom3,944, 8.20%, see rank9.11%11.16%
2 Bedrooms11,720, 24.37%, see rank26.33%26.69%
3 Bedrooms23,886, 49.66%, see rank43.93%39.70%
4 Bedrooms6,526, 13.57%, see rank15.80%16.05%
5 or More Bedrooms1,466, 3.05%, see rank3.47%4.22%

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

House Heating Fuel

 Bay City AreaMichiganU.S.
Total Housing Units43,712, 100%3,827,880116,211,092
Utility Gas34,624, 79.21%, see rank77.13%48.85%
Bottled, Tank, or LP Gas3,752, 8.58%, see rank8.48%4.86%
Electricity2,864, 6.55%, see rank8.30%36.68%
Fuel Oil, Kerosene, etc.618, 1.41%, see rank1.40%5.86%
Coal or Coke3, 0.01%, see rank0.03%0.12%
Wood1,085, 2.48%, see rank3.39%2.12%
Solar Energy6, 0.01%, see rank0.02%0.05%
Other Fuel531, 1.21%, see rank0.86%0.47%
No Fuel Used229, 0.52%, see rank0.39%1.00%

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

Gross Rent

Monthly RentalBay City AreaMichiganU.S.
Occupied Units Paying Rent8,961, 100%1,028,83539,201,928
$199 or Less147, 1.64%, see rank1.86%1.50%
$200 to $299702, 7.83%, see rank3.88%3.18%
$300 to $4991,579, 17.62%, see rank9.32%7.37%
$500 to $6992,691, 30.03%, see rank23.63%16.01%
$700 to $9992,647, 29.54%, see rank35.23%29.17%
$1,000 to $1,4991,044, 11.65%, see rank20.17%26.88%
$1,500 to $1,99966, 0.74%, see rank3.85%9.79%
$2,000 or More85, 0.95%, see rank2.06%6.10%
Median$650, see rank$780$920

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

Vehicle Available

 Bay City AreaMichiganU.S.
Occupied Housing Units43,712, 100%3,827,880116,211,092
No Vehicles Available3,638, 8.32%, see rank7.97%9.12%
1 Vehicles Available15,154, 34.67%, see rank35.06%33.80%
2 Vehicles Available16,690, 38.18%, see rank38.45%37.48%
3 or More Vehicles Available8,230, 18.83%, see rank18.52%19.61%

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


 
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