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Belding, Michigan Mortgage and Housing Information
Population: 5,877
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Lifestyle in Belding
Income
| U.S. | Michigan | Belding | |
|---|---|---|---|
| Median Earnings | $23,755 | $25,271 | $22,886 |
| Median Earnings, Males | $29,458 | $32,766 | $28,359 |
| Median Earnings, Females | $18,957 | $18,677 | $15,348 |
Males earn $13,011 (84.8%) more than Females in Belding.
Commuting in Belding
Means of transportation to work, workers over 16 years old.
| Means of Transport | Number of People |
|---|---|
| Car, solo | 2,040 |
| Carpooled | 339 |
| Public Transit | 13 |
| Bicycle | 46 |
| Walking | 84 |
| Other Means | 20 |
| Total, Commuted | 2,542 |
| Worked from home | 46 |
| Total | 2,588 |
Time Spent Commuting in Belding
Time spent commuting in Belding
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 210 |
| 5-9 | 402 |
| 10-14 | 282 |
| 15-19 | 244 |
| 20-24 | 207 |
| 25-29 | 169 |
| 30-34 | 315 |
| 35-39 | 109 |
| 40-44 | 119 |
| 45-59 | 248 |
| 60-89 | 143 |
| Over 90 | 94 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 459 | 28.5% | 391 | 24.3% |
| Associate Degree | 44 | 2.7% | 148 | 9.2% |
| Bachelor's Degree | 103 | 6.4% | 112 | 6.9% |
| Master's Degree | 39 | 2.4% | 25 | 1.6% |
| Professional Degree | 14 | 0.9% | 10 | 0.6% |
| Doctorate Degree | 5 | 0.3% | 0 | 0.0% |
| Total (at least some college) | 664 | 41.2% | 686 | 36.1% |
| Total over 25 | 1,612 | 100% | 1,898 | 100% |
Housing in Belding
Cost of Single-Family Houses
| Median price asked in year 2000 | $205,000 |
|---|
Value of Houses and Condos
| U.S. | Michigan | Belding | |
|---|---|---|---|
| Median home value in year 2000 | $111,800 | $110,300 | $84,300 |
Monthly Owner Costs
| U.S. | Michigan | Belding | |
|---|---|---|---|
| With a mortgage | $1,088 | $972 | $762 |
| Without a mortgage | $295 | $288 | $277 |
Tenancy in Belding
| Owner-occupied homes | 1,451 |
|---|---|
| Renter-occupied homes | 734 |
| Homes for sale | 12 |
| Homes for rent | 41 |
| Total | 2,289 |
Ownership of Single-family Houses
Types of mortgages for owner-occupied Single-family Houses in Belding (2000)
| Mortgage Type | Number of Single-family Houses | Percent of total |
|---|---|---|
| Without a mortgage | 359 | 29.5% |
| First Mortgage Only | 778 | 63.9% |
| Second Mortgage and/or Home Equity Loan | 80 | 6.6% |
| Total | 1,217 | 100% |
Age of Belding Residents
| Males | Females |
|---|---|
| 30 | 33 |
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