Bessemer, Michigan Mortgage and Housing Information

Population: 2,148
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Median price asked in year 2000	$18,500

A comparison of the average prices of homes in Bessemer, Michigan and the U.S.
	U.S.	Michigan	Bessemer
Median home value in year 2000	$111,800	$110,300	$39,100

Median owner costs for owner-occupied houses and condos in year **2000**
	U.S.	Michigan	Bessemer
With a mortgage	$1,088	$972	$557
Without a mortgage	$295	$288	$243

Types of mortgages for owner-occupied Single-family Houses in Bessemer (2000)
Mortgage Type	Number of Single-family Houses	Percent of total
Without a mortgage	369	58.9%
First Mortgage Only	231	36.9%
Second Mortgage and/or Home Equity Loan	26	4.2%
Total	626	100%

Median age for males and females (2000).
Males	40
Females	44

Males earn $10,607 (86.6%) more than Females in Bessemer.

Level of higher education for people over 25 years in Bessemer (2000).
Level	Number of Males	Percent of Males	Number of Females	Percent of Females
Some College	175	25.0%	175	25.0%
Associate Degree	72	10.3%	103	14.7%
Bachelor's Degree	101	14.4%	116	16.5%
Master's Degree	17	2.4%	12	1.7%
Professional Degree	10	1.4%	5	0.7%
Doctorate Degree	0	0.0%	0	0.0%
Total (at least some college)	375	53.5%	411	51.1%
Total over 25	701	100%	805	100%

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