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Michigan City, IN Housing

 
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As of 2010-2014, median price of a house in Michigan City is $93,300, which is lower than the state average of $122,700 and is much lower than the national average of $175,700. The Michigan City median house value has grown by 21.80% since 2000. The growth rate for the price of a house in Michigan City is lower than the state average rate of 30.12% and is lower than the national average rate of 46.91%. The median year that a house in Michigan City was built is 1960, which is older than the median year for a house built in the state which is 1972 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 6,913 Owner Occupied Houses in Michigan City, IN, #263
Michigan City, IN
93,300 USD
Indiana
122,700 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #271
Michigan City, IN
21.80%
Indiana
30.12%
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

 Michigan City, INIndianaU.S.
Total Housing Units14,841, see rank, 100%2,811,617132,741,033
Occupied Housing Units12,718, 85.70%, see rank88.64%87.55%
Owner Occupied6,913, 46.58%, see rank61.56%56.34%
Renter Occupied5,805, 39.11%, see rank27.07%31.21%
Vacant Housing Units2,123, 14.30%, see rank11.36%12.45%
For Rent504, 3.40%, see rank2.40%2.34%
For Sale Only198, 1.33%, see rank1.47%1.20%
Rented or Sold, Not Occupied303, 2.04%, see rank1.24%0.92%
For Seasonal, Recreational, or Occasional Use594, 4.00%, see rank1.64%3.97%
For Migrant Workers0, 0.00%, see rank0.02%0.03%
Other Vacant524, 3.53%, see rank4.59%4.00%

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

Year Structure Built

Median Built Year, #324
Michigan City, INIndianaU.S.
196019721976

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

 Michigan City, IN%IndianaU.S.
Owner-Occupied Units6,913100%1,730,95474,787,460
With a Mortgage4,55165.83%, see rank68.12%65.58%
Without a Mortgage2,36234.17%, see rank31.88%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
Michigan City, IN
961 USD
Indiana
1,119 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsMichigan City, IN%IndianaU.S.
$299 or Less140.31%, see rank0.35%0.20%
$300 to $4991583.47%, see rank3.15%1.59%
$500 to $69968315.01%, see rank9.90%5.01%
$700 to $9991,63335.88%, see rank26.58%14.32%
$1,000 to $1,4991,50032.96%, see rank35.46%27.90%
$1,500 to $1,9992936.44%, see rank14.79%20.35%
$2,000 to $2,9992244.92%, see rank7.60%19.52%
$3,000 or More461.01%, see rank2.17%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Michigan City, IN
21.00% of the Total Income
Indiana
20.40% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Michigan City, IN%IndianaU.S.
10% or Less50010.99%, see rank7.60%5.86%
10% to 20%1,65736.41%, see rank41.01%31.95%
20% to 30%1,09023.95%, see rank26.38%27.64%
30% to 40%48610.68%, see rank10.90%13.74%
40% or More78517.25%, see rank13.68%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
Michigan City, IN
337 USD
Indiana
375 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsMichigan City, IN%IndianaU.S.
$199 or Less2269.57%, see rank8.65%7.76%
$200 to $29969329.34%, see rank22.03%14.70%
$300 to $49996140.69%, see rank44.41%34.63%
$500 to $69935915.20%, see rank17.12%21.16%
$700 or More1235.21%, see rank7.80%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Michigan City, IN
12.90% of the Total Income
Indiana
10.90% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Michigan City, IN%IndianaU.S.
10% or Less92138.99%, see rank45.90%40.19%
10% to 20%73931.29%, see rank31.56%31.47%
20% to 30%30512.91%, see rank10.56%12.24%
30% to 40%1667.03%, see rank4.39%5.64%
40% or More2128.98%, see rank6.50%9.16%

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

Units in Structure

 Michigan City, INIndianaU.S.
Total Housing Units14,841, 100%2,811,617132,741,033
1-unit, Detached9,094, 61.28%, see rank72.70%61.65%
1-unit, Attached495, 3.34%, see rank3.65%5.82%
2 Units1,050, 7.07%, see rank2.59%3.75%
3 or 4 Units1,130, 7.61%, see rank3.58%4.43%
5 to 9 Units982, 6.62%, see rank4.55%4.78%
10 or More Units1,722, 11.60%, see rank7.83%13.08%
Mobile Home, Boat, RV, Van, etc.368, 2.48%, see rank5.11%6.49%

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

Rooms

 Michigan City, INIndianaU.S.
Total Housing Units14,841, 100%2,811,617132,741,033
1 Room235, 1.58%, see rank1.26%1.95%
2 Rooms272, 1.83%, see rank1.46%2.48%
3 Rooms1,419, 9.56%, see rank6.64%9.13%
4 Rooms2,977, 20.06%, see rank14.31%16.60%
5 Rooms3,691, 24.87%, see rank21.67%20.41%
6 Rooms2,957, 19.92%, see rank20.12%18.06%
7 Rooms1,441, 9.71%, see rank13.67%12.27%
8 Rooms909, 6.12%, see rank9.17%8.48%
9 Rooms or More940, 6.33%, see rank11.69%10.60%
Median Rooms5.20, see rank5.705.50

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

Bedrooms

 Michigan City, INIndianaU.S.
Total Housing Units14,841, 100%2,811,617132,741,033
No Bedroom256, 1.72%, see rank1.38%2.17%
1 Bedroom1,847, 12.45%, see rank9.26%11.16%
2 Bedrooms4,941, 33.29%, see rank26.57%26.69%
3 Bedrooms5,759, 38.80%, see rank44.05%39.70%
4 Bedrooms1,638, 11.04%, see rank15.33%16.05%
5 or More Bedrooms400, 2.70%, see rank3.40%4.22%

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

House Heating Fuel

 Michigan City, INIndianaU.S.
Total Housing Units12,718, 100%2,492,183116,211,092
Utility Gas10,869, 85.46%, see rank61.00%48.85%
Bottled, Tank, or LP Gas47, 0.37%, see rank7.17%4.86%
Electricity1,676, 13.18%, see rank27.77%36.68%
Fuel Oil, Kerosene, etc.18, 0.14%, see rank0.96%5.86%
Coal or Coke0, 0.00%, see rank0.14%0.12%
Wood47, 0.37%, see rank2.21%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel10, 0.08%, see rank0.46%0.47%
No Fuel Used51, 0.40%, see rank0.27%1.00%

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

Gross Rent

Monthly RentalMichigan City, INIndianaU.S.
Occupied Units Paying Rent5,648, 100%716,46139,201,928
$199 or Less127, 2.25%, see rank1.90%1.50%
$200 to $299257, 4.55%, see rank3.46%3.18%
$300 to $499742, 13.14%, see rank10.51%7.37%
$500 to $6991,627, 28.81%, see rank27.49%16.01%
$700 to $9992,092, 37.04%, see rank37.65%29.17%
$1,000 to $1,499652, 11.54%, see rank15.48%26.88%
$1,500 to $1,99936, 0.64%, see rank2.39%9.79%
$2,000 or More115, 2.04%, see rank1.13%6.10%
Median$706, see rank$741$920

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

Vehicle Available

 Michigan City, INIndianaU.S.
Occupied Housing Units12,718, 100%2,492,183116,211,092
No Vehicles Available1,440, 11.32%, see rank6.86%9.12%
1 Vehicles Available5,804, 45.64%, see rank32.87%33.80%
2 Vehicles Available3,947, 31.03%, see rank38.90%37.48%
3 or More Vehicles Available1,527, 12.01%, see rank21.37%19.61%

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


 
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