Bendon CDP Michigan Area Home Supply Charts

This page looks at a variety of Bendon CDP Michigan housing market data taken from the most recent 2022 American Community Survey census data. Housing units are structures such as a single family home, apartment community, mobile home park, public housing, etc. where a person or family live and live separately from other residents of the building. Figure 1 shows the total number of housing units for each city. Bendon CDP shows it has a Housing Units of 93 which is less than most other places in the local area.

Figure 2 illustrates the housing density in the Bendon CDP housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Bendon CDP depicts it has a Housing Density of 46.4 which is the smallest when ranked by housing density of all the other places in the metro area. The place with the highest housing density in the area is Grawn CDP which depicts a density of 637.4 ( appreciably bigger). Comparing housing density to the United States average of 39.5, Bendon CDP is 17.4% larger. Also, compared with the state of Michigan, housing density of 81.0, Bendon CDP is approximately half the size.

In Figure 4, Bendon CDP area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Bendon CDP depicts it has a Housing Unit Change of -6.1% which is less than most other places in the greater region. The place with the highest change in the housing units in the area is Grawn CDP which depicts a housing units of 26.2% (approximately 4.3 times bigger). Comparing change in the housing units to the United States average of 7.4%, Bendon CDP is about the same size. Also, measured against the state of Michigan, change in the housing units of 0.8%, Bendon CDP is very much bigger.

Figure 5 shows the percentage of rental property based on that they are occupied by renters as a percent of the total number of households in the community (including homes, apartments, etc.) Bendon CDP depicts it has a Renter Percent of 34.6% which is more than all other places in the greater Bendon CDP region. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 65.4% which is the smallest in order of owner percent of all the other places in the metropolitan area.

Bendon CDP Michigan Home Cost Charts

Looking at the housing data provided in Figure 7, the average Bendon CDP home price is illustrated for this community and a useful analysis of affordable housing. Bendon CDP depicts it has a Median Home Value of $217,900 which is the second most of all the places in the local area. The place with the highest median home price in the area is Lake Ann which shows a home price of $265,000 (21.6% larger). Figure 8 provides aggregate comparative data for the Bendon CDP Michigan metro area in terms of the median housing rental rate, apartment rent, etc. Bendon CDP shows it has a Median Gross Rent of $959 which is the second most rental rates of all the places in the greater Bendon CDP region. The place with the highest rental rates in the area is Lake Ann which depicts a rental rates of $975 ( only slightly larger). Comparing rental rates to the United States average of $1,163, Bendon CDP is about 21.3% smaller. Also, measured against the state of Michigan, rental rates of $946, Bendon CDP is only slightly larger.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Bendon CDP has one of the largest proportions of home price worth less than $50,000 at 8% of the total and is ranked #3. Only #2 Nessen City CDP (9%), and #1 Grawn CDP (13%) are larger. Second, it has the second smallest in terms of home price worth less than $50,000 of all the other places in the greater region in terms of home price worth between $50,000 to $100,000 at 26% of the total. Third, it has the largest proportion of home price worth between $200,000 to $300,000 at 42% of the total and is ranked #1.

Median owner costs for the real estate market are shown in Figure 10 and include the costs associated with any mortgage, utility expenses, insurance, and other miscellaneous costs. Bendon CDP shows it has a Median Owner Cost of $1,278 which is at the top of all other places in the greater Bendon CDP region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Bendon CDP metro area. it has a Owner Cost as % of HH Income of 33% which is the highest of all places in the greater Bendon CDP region.

The next chart, Figure 12, provides a comparison chart of the median home cost as a percent of a median worker take home earnings and is thus a valuable measure of affordable housing. Bendon CDP depicts it has a Median Home Value as Percent of Median Earnings of 367% which is the third most median home value as a percent of median worker earnings of all other places in the greater Bendon CDP region.

Figure 14 depicts the median cost of housing for owners with also have a mortgages (versus those who do not have a mortgage because mortgage cost is included.) Bendon CDP shows it has a Median Owner Costs-With Mortgage of $1,369 which is the second most median housing cost of all the places in the greater Bendon CDP region. Figure 15 is a chart that shows the median housing costs for owners who do not have mortgages (and therefore the cost of home ownership does not include mortgage cost.) it has a Median Owner Costs-Without Mortgage of $473 which is the largest of all places in the greater Bendon CDP region.

Figure 16 shows the distribution in total housing cost for owners of property (so not renters.) This cost includes mortgages, lines of credit interest, utilities, taxes, insurance, etc. Bendon CDP has the largest proportion of owner cost between $700 and $1,000 at 57% of the total and is ranked #1.

Next shown in Figure 17 is the housing cost as a percent of household income for people who own their homes and have a mortgages (thus the cost of financing the home is included.) Bendon CDP depicts it has a % of Income Owner Costs-With Mortgage of 33% which is is the uppermost of the places in the metro area. Housing cost as a percent of household income for owners who do not have a mortgage is shown in Figure 18. This analysis can be useful for understanding the affordable housing for home ownership excluding any financing cost in the area shown. Bendon CDP depicts it has a % of Income Owner Costs-No Mortgage of 32% which is the highest of all places in the greater Bendon CDP region.

Figure 19 looks at the cost of rent for rental property using the percent of total household income which is a valuable measure of financial health for the area. (The higher the proportion of rent payments to total household income is a sign of greater financial stress. Also, rent can be covered by rent assistance and rent assistance programs in the form of rent assistance.) Bendon CDP has one of the largest proportions of rent as a percent of income is less than 10 pct at 61% of the total and is ranked #2. The only larger place being Hardwood Acres CDP with 100%. Second, it has one of the largest proportions of rent as a percent of income is between 30pct to 40pct at 14% of the total and is ranked #2. The only larger place being Grawn CDP with 41%. Third, it has the largest proportion of rent as a percent of income is between 40pct to 50pct at 25% of the total and is ranked #1.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Bendon CDP has one of the largest proportions of housing cost between $700 and $1,000 at 46% of the total and is ranked #2. The only larger place being Hardwood Acres CDP with 47%.

Figure 21 shows median amount of real estate taxes paid for home owners in the region. it has a Median Real Estate Taxes Paid of $1,787 which is the third most median real estate taxes paid of all other places in the greater Bendon CDP region. The place with the highest median real estate taxes paid in the area is Maple Grove CDP which depicts a taxes paid of $2,478 (38.7% larger). Comparing median real estate taxes paid to the United States average of $2,690, Bendon CDP is approximately three-fourths the size. Also, in comparison with the state of Michigan, median real estate taxes paid of $2,551, Bendon CDP is approximately three-fourths the size.

Figure 23 shows the rental rate distribution for this area. Bendon CDP Michigan has the largest proportion of rent between 500 and 750 dollars at 61% of the total and is ranked #1. Second, it has one of the largest proportions of rent between 750 and 1000 dollars at 25% of the total and is ranked #3. Only #2 Grawn CDP (82%), and #1 Hardwood Acres CDP (100%) are larger.

Bendon CDP Michigan Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Bendon CDP has one of the largest proportions of With mortgage at 70% of the total and is ranked #3. Only #2 Interlochen CDP (75%), and #1 Hardwood Acres CDP (88%) are larger. Second, it has less than most other places in the metropolitan area in order of With HELOC no Primary Mortgage at 30% of the total.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Bendon CDP has the percentage of houses with mortgages less than most other places in the local area at 30% of the total.

Bendon CDP Michigan Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 3.1 which is the third most of all other places in the metro area. The place with the highest family members per housing unit in the area is Hardwood Acres CDP which depicts a family members per housing unit of 3.9 (25.5% larger). Comparing family members per housing unit to the United States average of 3.3, Bendon CDP is about 5.4% smaller. Also, benchmarked against the state of Michigan, family members per housing unit of 3.2, Bendon CDP is about the same size.

Figure 29 show the median number of rooms in a typical home for each location in this area. it has a Median Number of Rooms of 6.3 which is the highest of all places in the greater Bendon CDP region. Figure 30 shows, for the average house in each location, the median year that a house was built. This can be useful for understanding the relative age of one neighborhood versus another for a real estate investor. it has a Median Year Built of 1994 which is the second most year built of all the places in the greater Bendon CDP region. The place with the highest year built in the area is Interlochen CDP which depicts a year built of 2004 ( about the same size).

Figure 31 looks at the distribution of housing units by the median age that the homes were built. it has one of the largest proportions of homes built between 2010 to 2019 at 13% of the total and is ranked #3. Only #2 Interlochen CDP (16%), and #1 Maple Grove CDP (22%) are larger. Second, it has the largest proportion of homes built between 2000 to 2009 at 59% of the total and is ranked #1. Third, it has the second smallest in terms of homes built in 2020 or later of all the other places in the local area in order of homes built between 1990 to 1999 at 11% of the total. Also, it has the second smallest as measured by homes built in 2020 or later of all the other places in the metropolitan area when sorted by homes built between 1980 to 1989 at 4% of the total. In addition, it has one of the largest proportions of homes built between 1940 to 1949 at 13% of the total and is ranked #2. The only larger place being Nessen City CDP with 34%.

Figure 32 shows the difference in the number of housing units based on whether they are occupied by owners versus occupied by renters. it has one of the largest proportions of owner housing units at 28 of the total and is ranked #3. Only #2 Hardwood Acres CDP (48), and #1 Grawn CDP (49) are larger.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. it has the largest proportion of 50 or more units at 41% of the total and is ranked #1.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. it has the largest proportion of value of homes built 2000 to 2009 at $329,500 of the total and is ranked #1.

Figure 35 compares the total number of occupied housing units to vacant housing units. This analysis can be used to understand any housing shortage in the community. has the percentage of occupied housing units less than most other places in the local area at 13% of the total.

The next two charts show both the average household size of homeowners versus the average household size of renters. Starting with Figure 36 we see the household size of homeowners for Bendon CDP residents. it has a Owner-Household Size of 2.8 which is the third most homeowner household size of all other places in the greater Bendon CDP region. The place with the highest homeowner household size in the area is Hardwood Acres CDP which depicts a homeowner household size of 4.0 (42.6% larger).

Figure 37 shows the household size for renters. Bendon CDP depicts it has a Renter-Household Size of 2.8 which is the second most of all the places in the metro area. The place with the highest renter household size in the area is Lake Ann which depicts a renter household sizes of 3.7 (30.1% larger). Figure 38 shows the year that people who own homes moved into this region. has the percentage of owners moved in 2019 or later less than most other places in the metro area at 10% of the total. Second, it has the largest proportion of owners moved in 2010 to 2014 at 67% of the total and is ranked #1. Third, it has the second smallest in terms of owners moved in 2019 or later of all the other places in the metropolitan area in terms of owners moved in 2000 to 2009 at 12% of the total. Figure 39 shows the year that people who rent moved into the area. Bendon CDP has one of the largest proportions of renters moved in 2019 or later at 95% of the total and is ranked #3. Only #2 Hardwood Acres CDP (100%), and #1 Interlochen CDP (100%) are larger.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 2005 which is the third most median year that a home owner moved in of all other places in the greater Bendon CDP region. Figure 41 compares the median year that renters moved into their home. Bendon CDP depicts it has a Renter Median Year Moved In of 2017 which is the second most of all the places in the local area.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. it has the largest proportion of homes using natural gas at 100% of the total and is ranked #1.