Bear Lake, Michigan Mortgage and Housing Information

Population: 318
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Median price asked in year 2000	$75,000

A comparison of the average prices of homes in Bear Lake, Michigan and the U.S.
	U.S.	Michigan	Bear Lake
Median home value in year 2000	$111,800	$110,300	$64,400

Median owner costs for owner-occupied houses and condos in year **2000**
	U.S.	Michigan	Bear Lake
With a mortgage	$1,088	$972	$675
Without a mortgage	$295	$288	$230

Types of mortgages for owner-occupied Single-family Houses in Bear Lake (2000)
Mortgage Type	Number of Single-family Houses	Percent of total
Without a mortgage	32	35.6%
First Mortgage Only	48	53.3%
Second Mortgage and/or Home Equity Loan	10	11.1%
Total	90	100%

Median age for males and females (2000).
Males	35
Females	43

Males earn $4,881 (28.6%) more than Females in Bear Lake.

Level of higher education for people over 25 years in Bear Lake (2000).
Level	Number of Males	Percent of Males	Number of Females	Percent of Females
Some College	19	17.4%	30	27.5%
Associate Degree	4	3.7%	5	4.6%
Bachelor's Degree	13	11.9%	7	6.4%
Master's Degree	5	4.6%	4	3.7%
Professional Degree	3	2.8%	2	1.8%
Doctorate Degree	0	0.0%	0	0.0%
Total (at least some college)	44	40.4%	48	43.6%
Total over 25	109	100%	110	100%

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