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Armada, Michigan Mortgage and Housing Information
Population: 1,573
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Lifestyle in Armada
Income
| U.S. | Michigan | Armada | |
|---|---|---|---|
| Median Earnings | $23,755 | $25,271 | $30,336 |
| Median Earnings, Males | $29,458 | $32,766 | $43,472 |
| Median Earnings, Females | $18,957 | $18,677 | $16,298 |
Males earn $27,174 (166.7%) more than Females in Armada.
Commuting in Armada
Means of transportation to work, workers over 16 years old.
| Means of Transport | Number of People |
|---|---|
| Car, solo | 655 |
| Carpooled | 54 |
| Public Transit | 2 |
| Bicycle | 0 |
| Walking | 32 |
| Other Means | 2 |
| Total, Commuted | 745 |
| Worked from home | 21 |
| Total | 766 |
Time Spent Commuting in Armada
Time spent commuting in Armada
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 50 |
| 5-9 | 63 |
| 10-14 | 40 |
| 15-19 | 60 |
| 20-24 | 63 |
| 25-29 | 59 |
| 30-34 | 121 |
| 35-39 | 43 |
| 40-44 | 51 |
| 45-59 | 97 |
| 60-89 | 75 |
| Over 90 | 23 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 118 | 25.5% | 117 | 25.3% |
| Associate Degree | 40 | 8.7% | 47 | 10.2% |
| Bachelor's Degree | 54 | 11.7% | 50 | 10.8% |
| Master's Degree | 27 | 5.8% | 17 | 3.7% |
| Professional Degree | 8 | 1.7% | 4 | 0.9% |
| Doctorate Degree | 2 | 0.4% | 2 | 0.4% |
| Total (at least some college) | 249 | 53.9% | 237 | 47.8% |
| Total over 25 | 462 | 100% | 496 | 100% |
Housing in Armada
Cost of Single-Family Houses
| Median price asked in year 2000 | $100,000 |
|---|
Value of Houses and Condos
| U.S. | Michigan | Armada | |
|---|---|---|---|
| Median home value in year 2000 | $111,800 | $110,300 | $143,400 |
Monthly Owner Costs
| U.S. | Michigan | Armada | |
|---|---|---|---|
| With a mortgage | $1,088 | $972 | $1,218 |
| Without a mortgage | $295 | $288 | $381 |
Tenancy in Armada
| Owner-occupied homes | 443 |
|---|---|
| Renter-occupied homes | 97 |
| Homes for sale | 6 |
| Homes for rent | 4 |
| Total | 558 |
Ownership of Single-family Houses
Types of mortgages for owner-occupied Single-family Houses in Armada (2000)
| Mortgage Type | Number of Single-family Houses | Percent of total |
|---|---|---|
| Without a mortgage | 87 | 21.3% |
| First Mortgage Only | 243 | 59.6% |
| Second Mortgage and/or Home Equity Loan | 78 | 19.1% |
| Total | 408 | 100% |
Age of Armada Residents
| Males | Females |
|---|---|
| 33 | 35 |
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