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Alma, Michigan Mortgage and Housing Information
Population: 9,275
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Lifestyle in Alma
Income
| U.S. | Michigan | Alma | |
|---|---|---|---|
| Median Earnings | $23,755 | $25,271 | $14,946 |
| Median Earnings, Males | $29,458 | $32,766 | $24,351 |
| Median Earnings, Females | $18,957 | $18,677 | $10,908 |
Males earn $13,443 (123.2%) more than Females in Alma.
Commuting in Alma
Means of transportation to work, workers over 16 years old.
| Means of Transport | Number of People |
|---|---|
| Car, solo | 2,815 |
| Carpooled | 473 |
| Public Transit | 6 |
| Bicycle | 29 |
| Walking | 417 |
| Other Means | 60 |
| Total, Commuted | 3,800 |
| Worked from home | 100 |
| Total | 3,900 |
Time Spent Commuting in Alma
Time spent commuting in Alma
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 546 |
| 5-9 | 1,164 |
| 10-14 | 739 |
| 15-19 | 312 |
| 20-24 | 285 |
| 25-29 | 227 |
| 30-34 | 156 |
| 35-39 | 28 |
| 40-44 | 23 |
| 45-59 | 81 |
| 60-89 | 153 |
| Over 90 | 86 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 521 | 22.0% | 698 | 29.5% |
| Associate Degree | 156 | 6.6% | 210 | 8.9% |
| Bachelor's Degree | 352 | 14.9% | 288 | 12.2% |
| Master's Degree | 217 | 9.2% | 141 | 6.0% |
| Professional Degree | 36 | 1.5% | 4 | 0.2% |
| Doctorate Degree | 45 | 1.9% | 6 | 0.3% |
| Total (at least some college) | 1,327 | 56.1% | 1,347 | 44.7% |
| Total over 25 | 2,367 | 100% | 3,013 | 100% |
Housing in Alma
Cost of Single-Family Houses
| Median price asked in year 2000 | $97,500 |
|---|
Value of Houses and Condos
| U.S. | Michigan | Alma | |
|---|---|---|---|
| Median home value in year 2000 | $111,800 | $110,300 | $70,900 |
Monthly Owner Costs
| U.S. | Michigan | Alma | |
|---|---|---|---|
| With a mortgage | $1,088 | $972 | $706 |
| Without a mortgage | $295 | $288 | $239 |
Tenancy in Alma
| Owner-occupied homes | 2,006 |
|---|---|
| Renter-occupied homes | 1,214 |
| Homes for sale | 37 |
| Homes for rent | 122 |
| Total | 3,476 |
Ownership of Single-family Houses
Types of mortgages for owner-occupied Single-family Houses in Alma (2000)
| Mortgage Type | Number of Single-family Houses | Percent of total |
|---|---|---|
| Without a mortgage | 622 | 34.3% |
| First Mortgage Only | 961 | 52.9% |
| Second Mortgage and/or Home Equity Loan | 232 | 12.8% |
| Total | 1,815 | 100% |
Age of Alma Residents
| Males | Females |
|---|---|
| 30 | 33 |
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