Quinnesec CDP Michigan Area Home Supply Charts

This page looks at a variety of Quinnesec 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. Quinnesec CDP shows it has a Housing Units of 550 which is less than most other places in the metro area.

Figure 2 illustrates the housing density in the Quinnesec CDP housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Quinnesec CDP depicts it has a Housing Density of 364.9 which is the third most housing densities of all other places in the greater Quinnesec CDP region. The place with the highest housing density in the area is Kingsford which shows a density of 577.0 (58.1% larger). Comparing housing density to the United States average of 38.9, Quinnesec CDP is considerably bigger. Also, versus the state of Michigan, housing density of 81.5, Quinnesec CDP is approximately 4.5 times bigger.

In Figure 4, Quinnesec CDP area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Quinnesec CDP shows it has a Housing Unit Change of 9.1% which is the second most housing units of all the places in the greater Quinnesec CDP region. The place with the highest change in the housing units in the area is Norway which shows a housing units of 24.4% (approximately 2.7 times bigger). Comparing change in the housing units to the United States average of 5.7%, Quinnesec CDP is 60.6% larger. Also, in comparison with the state of Michigan, change in the housing units of 1.4%, Quinnesec 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.) Quinnesec CDP shows it has a Renter Percent of 9.1% which is the smallest in order of renter percent of all the other places in the greater region. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 90.9% which is the highest of all places in the greater Quinnesec CDP region.

Quinnesec CDP Michigan Home Cost Charts

Looking at the housing data provided in Figure 7, the average Quinnesec CDP home price is illustrated for this community and a useful analysis of affordable housing. Quinnesec CDP shows it has a Median Home Value of $92,100 which is the second most median home prices of all the places in the greater Quinnesec CDP region. The place with the highest median home price in the area is Kingsford which depicts a home price of $93,000 ( about the same size). Figure 8 provides aggregate comparative data for the Quinnesec CDP Michigan metro area in terms of the median housing rental rate, apartment rent, etc. Quinnesec CDP shows it has a Median Gross Rent of $783 which is at the top of all other places in the greater Quinnesec CDP region. Comparing rental rates to the United States average of $1,062, Quinnesec CDP is approximately three-fourths the size. Also, in contrast to the state of Michigan, rental rates of $871, Quinnesec CDP is about 11.2% smaller.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Quinnesec CDP has the largest proportion of home price worth less than $50,000 at 55% 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. Quinnesec CDP depicts it has a Median Owner Cost of $549 which is less than most other places in the greater region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Quinnesec CDP metro area. it has a Owner Cost as % of HH Income of 10% which is the smallest when ranked by cost as a percent of household income of all the other places in the greater 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. Quinnesec CDP depicts it has a Median Home Value as Percent of Median Earnings of 194% which is in the middle range of other places in the local area.

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.) Quinnesec CDP shows it has a Median Owner Costs-With Mortgage of $852 which is the second smallest when ranked by median housing cost of all the other places in the area. 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 $349 which is less than most other places in the metro area.

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. Quinnesec CDP has one of the largest proportions of owner cost less than $300 at 59% of the total and is ranked #2. The only larger place being Pembine CDP with 83%. Second, it has one of the largest proportions of owner cost between $300 and $500 at 25% of the total and is ranked #2. The only larger place being Florence CDP with 32%. Third, it has less than most other places in the local area when ranked by owner cost between $500 and $700 at 13% of the total. Also, it has the largest proportion of owner cost between $3,500 and $4,000 at 2% 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.) Quinnesec CDP depicts it has a % of Income Owner Costs-With Mortgage of 13% which is the smallest as measured by cost as a percent of household income of all the other places in the metro area. The place with the highest cost as a percent of household income in the area is Niagara which depicts a cost as a percent of household income of 18% (43.0% 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. Quinnesec CDP depicts it has a % of Income Owner Costs-No Mortgage of 9% which is less than most other places in the metro area. The place with the highest cost as a percent of household income in the area is Norway which shows a cost as a percent of household income of 13% (47.8% larger).

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.) Quinnesec CDP has the largest proportion of rent as a percent of income is less than 10 pct at 41% of the total and is ranked #1. Second, it has one of the largest proportions of rent as a percent of income is between 10pct to 20pct at 33% of the total and is ranked #2. The only larger place being Florence CDP with 40%. Third, it has the largest proportion of rent as a percent of income is between 30pct to 40pct at 26% 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. Quinnesec CDP has the largest proportion of housing cost between $300 and $500 at 26% of the total and is ranked #1. Second, it has the largest proportion of housing cost between $2,500 and $3,000 at 2% 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 $1,125 which is less than most other places in the greater region. The place with the highest median real estate taxes paid in the area is Kingsford which depicts a taxes paid of $1,870 (66.2% larger). Comparing median real estate taxes paid to the United States average of $2,471, Quinnesec CDP is approximately half the size. Also, in contrast to the state of Michigan, median real estate taxes paid of $2,381, Quinnesec CDP is approximately half the size.

Figure 23 shows the rental rate distribution for this area. Quinnesec CDP Michigan has the largest proportion of rent between 500 and 750 dollars at 67% of the total and is ranked #1.

Quinnesec CDP Michigan Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Quinnesec CDP has the largest proportion of with mortgage at 9% of the total and is ranked #1. Second, it has the largest proportion of 2nd mortgage or heloc-not both at 7% of the total and is ranked #1. Third, it has the largest proportion of with heloc at 3% of the total and is ranked #1.

Quinnesec CDP Michigan Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 2.7 which is the third most of all other places in the metropolitan area. The place with the highest family members per housing unit in the area is Iron Mountain which depicts a family members per housing unit of 3.0 (10.8% larger). Comparing family members per housing unit to the United States average of 3.3, Quinnesec CDP is about 21.3% smaller. Also, measured against the state of Michigan, family members per housing unit of 3.2, Quinnesec CDP is about 15.4% smaller.

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 5.8 which is the third most of all other places in the local area. The place with the highest average number of rooms in a house in the area is Niagara which depicts an average number of rooms in a house of 6.0 (only about 3.4% 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 1973 which is the largest of all places in the greater Quinnesec CDP region.

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 2013 at 4% of the total and is ranked #3. Only #2 Norway (5%), and #1 Pembine CDP (8%) are larger. Second, it has the largest proportion of homes built between 1980 to 1989 at 62% of the total and is ranked #1. Third, it has the smallest proportion of homes built between 1970 to 1979 at 7% of the total. Also, it has the smallest proportion of homes built between 1960 to 1969 at 2% of the total. In addition, it has the second smallest in order of homes built in 2014 or later of all the other places in the metropolitan area as measured by homes built between 1950 to 1959 at 2% of the total. Furthermore, it has the smallest proportion of homes built between 1940 to 1949 at 18% 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 percentage of owner housing units the second smallest as measured by owner-occupied housing units of all the other places in the metro area at 46 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.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. has the percentage of value of homes built 1980 to 1989 the second smallest when sorted by value of homes built 2014 or later of all the other places in the area at $81,900 of the total. Second, it has the largest proportion of value of homes built 1940 to 1949 at $95,500 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 the second smallest in terms of occupied housing units of all the other places in the local area at 8% 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 Quinnesec CDP residents. it has a Owner-Household Size of 2.4 which is the third most homeowner household size of all other places in the greater Quinnesec CDP region. The place with the highest homeowner household size in the area is Pembine CDP which depicts a homeowner household size of 3.1 (29.2% larger).

Figure 37 shows the household size for renters. Quinnesec CDP depicts it has a Renter-Household Size of 1.4 which is in the center range of other places in the local area. The place with the highest renter household size in the area is Niagara which depicts a renter household sizes of 2.0 (43.3% larger). Figure 38 shows the year that people who own homes moved into this region. it has the largest proportion of owners moved in 2017 or later at 14% of the total and is ranked #1. Second, it has the smallest proportion of owners moved in 2015 to 2016 at 13% of the total. Third, it has the smallest proportion of owners moved in 2010 to 2014 at 21% of the total. Also, it has the smallest proportion of owners moved in 2000 to 2009 at 8% of the total. In addition, it has the largest proportion of owners moved in 1990 to 1999 at 34% of the total and is ranked #1. Figure 39 shows the year that people who rent moved into the area. Quinnesec CDP has the largest proportion of renters moved in 2015 to 2016 at 58% of the total and is ranked #1.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 1998 which is the smallest as measured by median year that a home owner moved in of all the other places in the area. Figure 41 compares the median year that renters moved into their home. Quinnesec CDP depicts it has a Renter Median Year Moved In of 2013 which is less than most other places in the surrounding region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. has the percentage of home using bottled, tank, or lp gas the second smallest as measured by homes using natural gas of all the other places in the greater region at 4% of the total.