Bay City, Michigan Mortgage and Housing Information

Population: 36,817
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Median price asked in year 2000	$51,000

A comparison of the average prices of homes in Bay City, Michigan and the U.S.
	U.S.	Michigan	Bay City
Median home value in year 2000	$111,800	$110,300	$65,800

Median owner costs for owner-occupied houses and condos in year **2000**
	U.S.	Michigan	Bay City
With a mortgage	$1,088	$972	$699
Without a mortgage	$295	$288	$271

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%

Median age for males and females (2000).
Males	33
Females	36

Males earn $10,706 (71.3%) more than Females in Bay City.

Level of higher education for people over 25 years in Bay City (2000).
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%

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