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Bad Axe Mortgage Quotes And Real Estate


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Bad Axe Mortgage and Real Estate Facts

Overview

Bad Axe contains a total of 1,428 houses, condominiums, and apartments. Of the housing in the city, approximately 68% is occupied by their owners.

Bad Axe Mortgage

In 2000, 50% of owner-occupied housing units in Bad Axe had a mortgage. Roughly 5% of housing units have a home equity loan or second mortgage in the city.

Mortgage and interest rate quotes for the Bad Axe area (or anywhere else you choose in the US) are available, without obligation or credit checks:

Bad Axe Mortgage Statistics

CategoryValue
Homes With No Mortgage50%
With A Mortgage50%
First Mortgage Only45%
Second Mortgage or Home Equity Loan5%
Second Mortgage Only2%
Home Equity Loan Only4%

Bad Axe Housing Expenses

CategoryValue
Owner Costs as % of Income13.5%
Median Real Estate Taxes (2000)$1,022

Bad Axe Household Size

CategoryValue
Total Occupied1,428
1-Person Households33%
2-Person Households33%
3-Person Households14%
4-Person Households12%
5-Person Households6%
6-Person Households1%
7+-Person Households1%

Bad Axe Housing Stock

CategoryValue
Median Year Built1954
Median Year Built (Owner Occupied)1948
Median Year Built (Renter Occupied)1973

Bad Axe Home Heating

CategoryValue
Using Utility Co. Gas Heat92%
Using Bottled/Tank Gas Heat1%
Using Electric Heat4%
Using Oil Heat3%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating0%

Bad Axe Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom2%
2 Bedrooms19%
3 Bedrooms56%
4 Bedrooms21%
5+ Bedrooms3%

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Property Type
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  • Multi-family
  • Condominium
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