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Bessemer, MI Housing

 
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As of 2010-2014, median price of a house in Bessemer is $46,200, which is much lower than the state average of $120,200 and is much lower than the national average of $175,700. The Bessemer median house value has grown by 18.16% since 2000. The growth rate for the price of a house in Bessemer 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 Bessemer was built is 1939, 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 596 Owner Occupied Houses in Bessemer, MI, #669
Bessemer, MI
46,200 USD
Michigan
120,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #182
Bessemer, MI
18.16%
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

 Bessemer, MIMichiganU.S.
Total Housing Units1,120, see rank, 100%4,532,719132,741,033
Occupied Housing Units860, 76.79%, see rank84.45%87.55%
Owner Occupied596, 53.21%, see rank60.41%56.34%
Renter Occupied264, 23.57%, see rank24.04%31.21%
Vacant Housing Units260, 23.21%, see rank15.55%12.45%
For Rent28, 2.50%, see rank1.84%2.34%
For Sale Only0, 0.00%, see rank1.40%1.20%
Rented or Sold, Not Occupied13, 1.16%, see rank1.04%0.92%
For Seasonal, Recreational, or Occasional Use198, 17.68%, see rank6.26%3.97%
For Migrant Workers0, 0.00%, see rank0.05%0.03%
Other Vacant21, 1.88%, see rank4.96%4.00%

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

Year Structure Built

Median Built Year, #646
Bessemer, MIMichiganU.S.
193919691976

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

 Bessemer, MI%MichiganU.S.
Owner-Occupied Units596100%2,738,01274,787,460
With a Mortgage25442.62%, see rank63.63%65.58%
Without a Mortgage34257.38%, 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
Bessemer, MI
793 USD
Michigan
1,295 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsBessemer, MI%MichiganU.S.
$299 or Less00.00%, see rank0.19%0.20%
$300 to $4993915.35%, see rank1.88%1.59%
$500 to $6994718.50%, see rank6.65%5.01%
$700 to $99910340.55%, see rank19.56%14.32%
$1,000 to $1,4994116.14%, see rank34.69%27.90%
$1,500 to $1,999155.91%, see rank20.06%20.35%
$2,000 to $2,99951.97%, see rank12.84%19.52%
$3,000 or More41.57%, see rank4.13%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Bessemer, MI
15.00% 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
 Bessemer, MI%MichiganU.S.
10% or Less2710.63%, see rank5.90%5.86%
10% to 20%14958.66%, see rank35.28%31.95%
20% to 30%3312.99%, see rank27.51%27.64%
30% to 40%2911.42%, see rank12.63%13.74%
40% or More166.30%, 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
Bessemer, MI
371 USD
Michigan
463 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsBessemer, MI%MichiganU.S.
$199 or Less205.85%, see rank4.74%7.76%
$200 to $2998123.68%, see rank12.46%14.70%
$300 to $49914943.57%, see rank40.41%34.63%
$500 to $6997822.81%, see rank25.95%21.16%
$700 or More144.09%, see rank16.44%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Bessemer, MI
12.50% 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
 Bessemer, MI%MichiganU.S.
10% or Less12536.55%, see rank35.33%40.19%
10% to 20%13038.01%, see rank33.76%31.47%
20% to 30%257.31%, see rank13.39%12.24%
30% to 40%144.09%, see rank6.18%5.64%
40% or More4814.04%, 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

 Bessemer, MIMichiganU.S.
Total Housing Units1,120, 100%4,532,719132,741,033
1-unit, Detached862, 76.96%, see rank71.97%61.65%
1-unit, Attached5, 0.45%, see rank4.66%5.82%
2 Units56, 5.00%, see rank2.58%3.75%
3 or 4 Units91, 8.13%, see rank2.56%4.43%
5 to 9 Units74, 6.61%, see rank4.20%4.78%
10 or More Units23, 2.05%, see rank8.58%13.08%
Mobile Home, Boat, RV, Van, etc.9, 0.80%, see rank5.45%6.49%

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

Rooms

 Bessemer, MIMichiganU.S.
Total Housing Units1,120, 100%4,532,719132,741,033
1 Room7, 0.63%, see rank1.24%1.95%
2 Rooms32, 2.86%, see rank1.78%2.48%
3 Rooms43, 3.84%, see rank7.14%9.13%
4 Rooms180, 16.07%, see rank14.38%16.60%
5 Rooms331, 29.55%, see rank21.00%20.41%
6 Rooms236, 21.07%, see rank20.07%18.06%
7 Rooms156, 13.93%, see rank13.45%12.27%
8 Rooms65, 5.80%, see rank9.27%8.48%
9 Rooms or More70, 6.25%, see rank11.67%10.60%
Median Rooms5.40, see rank5.705.50

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

Bedrooms

 Bessemer, MIMichiganU.S.
Total Housing Units1,120, 100%4,532,719132,741,033
No Bedroom7, 0.63%, see rank1.35%2.17%
1 Bedroom88, 7.86%, see rank9.11%11.16%
2 Bedrooms353, 31.52%, see rank26.33%26.69%
3 Bedrooms509, 45.45%, see rank43.93%39.70%
4 Bedrooms133, 11.88%, see rank15.80%16.05%
5 or More Bedrooms30, 2.68%, see rank3.47%4.22%

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

House Heating Fuel

 Bessemer, MIMichiganU.S.
Total Housing Units860, 100%3,827,880116,211,092
Utility Gas703, 81.74%, see rank77.13%48.85%
Bottled, Tank, or LP Gas34, 3.95%, see rank8.48%4.86%
Electricity19, 2.21%, see rank8.30%36.68%
Fuel Oil, Kerosene, etc.27, 3.14%, see rank1.40%5.86%
Coal or Coke0, 0.00%, see rank0.03%0.12%
Wood55, 6.40%, see rank3.39%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel9, 1.05%, see rank0.86%0.47%
No Fuel Used13, 1.51%, see rank0.39%1.00%

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

Gross Rent

Monthly RentalBessemer, MIMichiganU.S.
Occupied Units Paying Rent254, 100%1,028,83539,201,928
$199 or Less29, 11.42%, see rank1.86%1.50%
$200 to $29929, 11.42%, see rank3.88%3.18%
$300 to $49990, 35.43%, see rank9.32%7.37%
$500 to $69957, 22.44%, see rank23.63%16.01%
$700 to $99939, 15.35%, see rank35.23%29.17%
$1,000 to $1,4990, 0.00%, see rank20.17%26.88%
$1,500 to $1,99910, 3.94%, see rank3.85%9.79%
$2,000 or More0, 0.00%, see rank2.06%6.10%
Median$439, see rank$780$920

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

Vehicle Available

 Bessemer, MIMichiganU.S.
Occupied Housing Units860, 100%3,827,880116,211,092
No Vehicles Available139, 16.16%, see rank7.97%9.12%
1 Vehicles Available297, 34.53%, see rank35.06%33.80%
2 Vehicles Available297, 34.53%, see rank38.45%37.48%
3 or More Vehicles Available127, 14.77%, see rank18.52%19.61%

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


 
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