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DollarTimes.com > Mortgage > Michigan > Big Bay
Population: 265
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
| U.S. | Michigan | Big Bay | |
|---|---|---|---|
| Median Earnings | $23,755 | $25,271 | $14,028 |
| Median Earnings, Males | $29,458 | $32,766 | $17,500 |
| Median Earnings, Females | $18,957 | $18,677 | $11,875 |
Males earn $5,625 (47.4%) more than Females in Big Bay.
Means of transportation to work, workers over 16 years old.
| Means of Transport | Number of People |
|---|---|
| Car, solo | 62 |
| Carpooled | 5 |
| Public Transit | 0 |
| Bicycle | 0 |
| Walking | 17 |
| Other Means | 0 |
| Total, Commuted | 84 |
| Worked from home | 7 |
| Total | 91 |
Time spent commuting in Big Bay
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 24 |
| 5-9 | 16 |
| 10-14 | 3 |
| 15-19 | 3 |
| 20-24 | 4 |
| 25-29 | 0 |
| 30-34 | 22 |
| 35-39 | 0 |
| 40-44 | 8 |
| 45-59 | 4 |
| 60-89 | 0 |
| Over 90 | 0 |
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 34 | 28.6% | 23 | 19.3% |
| Associate Degree | 2 | 1.7% | 8 | 6.7% |
| Bachelor's Degree | 17 | 14.3% | 22 | 18.5% |
| Master's Degree | 4 | 3.4% | 5 | 4.2% |
| Professional Degree | 2 | 1.7% | 0 | 0.0% |
| Doctorate Degree | 2 | 1.7% | 0 | 0.0% |
| Total (at least some college) | 61 | 51.3% | 58 | 52.3% |
| Total over 25 | 119 | 100% | 111 | 100% |
| Median price asked in year 2000 | $75,000 |
|---|
| U.S. | Michigan | Big Bay | |
|---|---|---|---|
| Median home value in year 2000 | $111,800 | $110,300 | $88,300 |
| U.S. | Michigan | Big Bay | |
|---|---|---|---|
| With a mortgage | $1,088 | $972 | $658 |
| Without a mortgage | $295 | $288 | $231 |
| Owner-occupied homes | 118 |
|---|---|
| Renter-occupied homes | 11 |
| Homes for sale | 7 |
| Homes for rent | 9 |
| Total | 300 |
Types of mortgages for owner-occupied Single-family Houses in Big Bay (2000)
| Mortgage Type | Number of Single-family Houses | Percent of total |
|---|---|---|
| Without a mortgage | 45 | 43.7% |
| First Mortgage Only | 45 | 43.7% |
| Second Mortgage and/or Home Equity Loan | 13 | 12.6% |
| Total | 103 | 100% |
| Males | Females |
|---|---|
| 52 | 48 |
What Will Your Monthly Payment Be?
This will calculate your approximate monthly mortgage payment based on the purchase price and your loan details.
This calculator is for fixed-rate mortgages. Adjustable-rate mortgages, or ARMs, may allow you to acheive lower payments in the short term. However, with ARMs, your monthly payment may increase if interest rates rise.