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Bay City, Michigan Mortgage and Housing Information
Population: 36,817
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Lifestyle in Bay City
Income
| U.S. | Michigan | Bay City | |
|---|---|---|---|
| Median Earnings | $23,755 | $25,271 | $19,587 |
| Median Earnings, Males | $29,458 | $32,766 | $25,728 |
| Median Earnings, Females | $18,957 | $18,677 | $15,022 |
Males earn $10,706 (71.3%) more than Females in Bay City.
Commuting in Bay City
Means of transportation to work, workers over 16 years old.
| Means of Transport | Number of People |
|---|---|
| Car, solo | 13,557 |
| Carpooled | 1,347 |
| Public Transit | 186 |
| Bicycle | 56 |
| Walking | 491 |
| Other Means | 106 |
| Total, Commuted | 15,743 |
| Worked from home | 466 |
| Total | 16,209 |
Time Spent Commuting in Bay City
Time spent commuting in Bay City
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 884 |
| 5-9 | 3,170 |
| 10-14 | 3,389 |
| 15-19 | 2,359 |
| 20-24 | 1,927 |
| 25-29 | 956 |
| 30-34 | 1,518 |
| 35-39 | 227 |
| 40-44 | 198 |
| 45-59 | 408 |
| 60-89 | 284 |
| Over 90 | 423 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 2,705 | 23.9% | 2,817 | 24.9% |
| Associate Degree | 655 | 5.8% | 1,129 | 10.0% |
| Bachelor's Degree | 1,061 | 9.4% | 1,036 | 9.2% |
| Master's Degree | 347 | 3.1% | 322 | 2.8% |
| Professional Degree | 148 | 1.3% | 104 | 0.9% |
| Doctorate Degree | 12 | 0.1% | 35 | 0.3% |
| Total (at least some college) | 4,928 | 43.6% | 5,443 | 42.9% |
| Total over 25 | 11,303 | 100% | 12,690 | 100% |
Housing in Bay City
Cost of Single-Family Houses
| Median price asked in year 2000 | $51,000 |
|---|
Value of Houses and Condos
| U.S. | Michigan | Bay City | |
|---|---|---|---|
| Median home value in year 2000 | $111,800 | $110,300 | $65,800 |
Monthly Owner Costs
| U.S. | Michigan | Bay City | |
|---|---|---|---|
| With a mortgage | $1,088 | $972 | $699 |
| Without a mortgage | $295 | $288 | $271 |
Tenancy in Bay City
| Owner-occupied homes | 10,574 |
|---|---|
| Renter-occupied homes | 4,634 |
| Homes for sale | 179 |
| Homes for rent | 372 |
| Total | 16,259 |
Ownership of Single-family Houses
Types of mortgages for owner-occupied Single-family Houses in Bay City (2000)
| Mortgage Type | Number of Single-family Houses | Percent of total |
|---|---|---|
| Without a mortgage | 4,074 | 42.4% |
| First Mortgage Only | 4,531 | 47.1% |
| Second Mortgage and/or Home Equity Loan | 1,008 | 10.5% |
| Total | 9,613 | 100% |
Age of Bay City Residents
| Males | Females |
|---|---|
| 33 | 36 |
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