Canada Creek Ranch CDP Michigan Area Home Supply Charts

This page looks at a variety of Canada Creek Ranch CDP Michigan housing market data taken from the most recent 2020 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. Canada Creek Ranch CDP shows it has a Housing Units of 624 which is the second most of all the places in the metro area.

Figure 2 illustrates the housing density in the Canada Creek Ranch CDP housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Canada Creek Ranch CDP depicts it has a Housing Density of 180.5 which is in the mid range of other places in the local area. The place with the highest housing density in the area is Onaway which depicts a density of 305.8 (69.4% larger). Comparing housing density to the United States average of 38.9, Canada Creek Ranch CDP is approximately 4.6 times bigger. Also, compared with the state of Michigan, housing density of 81.5, Canada Creek Ranch CDP is approximately 2.2 times bigger.

In Figure 4, Canada Creek Ranch CDP area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Canada Creek Ranch CDP depicts it has a Housing Unit Change of 8.5% which is the most of all places in the greater Canada Creek Ranch CDP region. Comparing change in the housing units to the United States average of 5.7%, Canada Creek Ranch CDP is 49.9% larger. Also, measured against the state of Michigan, change in the housing units of 1.4%, Canada Creek Ranch CDP is substantially 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.) Canada Creek Ranch CDP depicts it has a Renter Percent of 3.6% which is the smallest in terms of renter percent of all the other places in the metro area. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 96.4% which is at the top of all other places in the greater Canada Creek Ranch CDP region.

Canada Creek Ranch CDP Michigan Home Cost Charts

Looking at the housing data provided in Figure 7, the average Canada Creek Ranch CDP home price is illustrated for this community and a useful analysis of affordable housing. Canada Creek Ranch CDP depicts it has a Median Home Value of $135,600 which is at the top of all other places in the greater Canada Creek Ranch CDP region.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Canada Creek Ranch CDP has the percentage of home price worth less than $50,000 the second smallest when ranked by home price worth less than $50,000 of all the other places in the greater region at 29% of the total. Second, it has the largest proportion of home price worth between $50,000 to $100,000 at 47% of the total and is ranked #1. Third, it has the largest proportion of home price worth between $100,000 to $200,000 at 23% 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. Canada Creek Ranch CDP depicts it has a Median Owner Cost of $458 which is the second smallest in terms of median ownership cost of all the other places in the local area. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Canada Creek Ranch CDP metro area. it has a Owner Cost as % of HH Income of 16% which is the second smallest as measured by cost as a percent of household income of all the other places in the surrounding 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. Canada Creek Ranch CDP shows it has a Median Home Value as Percent of Median Earnings of 374% which is the second most median home value as a percent of median worker earnings of all the places in the greater Canada Creek Ranch 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.) Canada Creek Ranch CDP shows it has a Median Owner Costs-With Mortgage of $1,104 which is the highest of all places in the greater Canada Creek Ranch 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 $370 which is in the intermediate range of other places in the greater 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. Canada Creek Ranch CDP has one of the largest proportions of owner cost less than $300 at 62% of the total and is ranked #2. The only larger place being Atlanta CDP with 75%. Second, it has the smallest proportion of owner cost between $300 and $500 at 8% of the total. Third, it has the smallest proportion of owner cost between $500 and $700 at 6% of the total. Also, it has the largest proportion of owner cost between $700 and $1,000 at 23% of the total and is ranked #1. In addition, it has the largest proportion of owner cost between $1,000 and $1,500 at 5% 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.) Canada Creek Ranch CDP shows it has a % of Income Owner Costs-With Mortgage of 21% which is the smallest in order of cost as a percent of household income of all the other places in the local area. The place with the highest cost as a percent of household income in the area is Millersburg which depicts a cost as a percent of household income of 35% (69.7% larger). 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. Canada Creek Ranch CDP depicts it has a % of Income Owner Costs-No Mortgage of 12% which is less than most other places in the local area. The place with the highest cost as a percent of household income in the area is Wolverine which depicts a cost as a percent of household income of 18% (50.0% larger).

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Canada Creek Ranch CDP has the largest proportion of housing cost less than $300 at 48% of the total and is ranked #1. Second, it has the smallest proportion of housing cost between $300 and $500 at 8% of the total. Third, it has the smallest proportion of housing cost between $500 and $700 at 6% of the total. Also, it has the largest proportion of housing cost between $700 and $1,000 at 22% of the total and is ranked #1. In addition, it has the largest proportion of housing cost between $1,000 and $1,500 at 4% of the total and is ranked #1.

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 $1,266 which is the highest of all places in the greater Canada Creek Ranch CDP region. Comparing median real estate taxes paid to the United States average of $2,471, Canada Creek Ranch CDP is approximately half the size. Also, benchmarked against the state of Michigan, median real estate taxes paid of $2,381, Canada Creek Ranch CDP is approximately half the size.

Canada Creek Ranch CDP Michigan Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 2.1 which is the smallest in terms of family members per housing unit of all the other places in the greater region. The place with the highest family members per housing unit in the area is Millersburg which shows a family members per housing unit of 3.9 (about twice as large). Comparing family members per housing unit to the United States average of 3.3, Canada Creek Ranch CDP is approximately three-fourths the size. Also, compared with the state of Michigan, family members per housing unit of 3.2, Canada Creek Ranch CDP is approximately three-fourths the 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 4.5 which is the second smallest in order of average number of rooms in a house of all the other places in the metropolitan area. The place with the highest average number of rooms in a house in the area is Wolverine which depicts an average number of rooms in a house of 6.6 (46.7% larger). 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 1971 which is the third most of all other places in the local area. The place with the highest year built in the area is Hillman which depicts a year built of 1974 ( about the same size).

Figure 31 looks at the distribution of housing units by the median age that the homes were built. has the smallest proportion of homes built between 2010 to 2013 at 4% of the total. Second, it has the largest proportion of homes built between 1970 to 1979 at 25% of the total and is ranked #1. Third, it has the second smallest in terms of homes built in 2014 or later of all the other places in the surrounding region in order of homes built between 1940 to 1949 at 1% of the total.

Figure 32 shows the difference in the number of housing units based on whether they are occupied by owners versus occupied by renters. has the smallest proportion of owner housing units at 5 of the total.

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 one unit detached at 3% of the total and is ranked #1. Second, it has the second smallest as measured by one unit detached of all the other places in the local area as measured by 50 or more units at 2% of the total.

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 $196,900 of the total and is ranked #1. Second, it has the largest proportion of value of homes built 1990 to 1999 at $141,700 of the total and is ranked #1. Third, it has the largest proportion of value of homes built 1980 to 1989 at $122,500 of the total and is ranked #1. Also, it has one of the largest proportions of value of homes built 1970 to 1979 at $77,000 of the total and is ranked #3. Only #2 Lewiston CDP ($102,700), and #1 Onaway ($108,300) are larger. In addition, it has the largest proportion of value of homes built 1960 to 1969 at $122,900 of the total and is ranked #1. Furthermore, it has the largest proportion of value of homes built 1950 to 1959 at $159,400 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. it has the largest proportion of occupied housing units at 78% of the total and is ranked #1.

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 Canada Creek Ranch CDP residents. it has a Owner-Household Size of 1.8 which is the smallest in order of homeowner household size of all the other places in the area. The place with the highest homeowner household size in the area is Millersburg which indicates a homeowner household size of 2.9 (63.3% larger).

Figure 37 shows the household size for renters. Canada Creek Ranch CDP depicts it has a Renter-Household Size of 1.6 which is the second smallest as measured by renter household size of all the other places in the local area. The place with the highest renter household size in the area is Wolverine which shows a renter household sizes of 2.7 (68.1% larger). Figure 38 shows the year that people who own homes moved into this region. has the percentage of owners moved in 2017 or later in the mid range of other places in the greater region at 4% of the total. Second, it has the smallest proportion of owners moved in 2015 to 2016 at 10% of the total. Third, it has one of the largest proportions of owners moved in 2010 to 2014 at 35% of the total and is ranked #2. The only larger place being Wolverine with 41%. Also, it has the largest proportion of owners moved in 2000 to 2009 at 37% of the total and is ranked #1. In addition, it has the second smallest when sorted by owners moved in 2017 or later of all the other places in the greater region in terms of owners moved in 1990 to 1999 at 10% of the total. Figure 39 shows the year that people who rent moved into the area. Canada Creek Ranch CDP has the percentage of renters moved in 2017 or later in the mid point range of other places in the surrounding region at 25% of the total.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 2000 which is less than most other places in the greater region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. has the percentage of homes using coal or coke the second smallest when ranked by homes using natural gas of all the other places in the area at 4% of the total.