Big Rapids, Michigan Mortgage and Housing Information

Population: 10,849
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Median price asked in year 2000	$37,000

A comparison of the average prices of homes in Big Rapids, Michigan and the U.S.
	U.S.	Michigan	Big Rapids
Median home value in year 2000	$111,800	$110,300	$72,000

Median owner costs for owner-occupied houses and condos in year **2000**
	U.S.	Michigan	Big Rapids
With a mortgage	$1,088	$972	$728
Without a mortgage	$295	$288	$231

Types of mortgages for owner-occupied Single-family Houses in Big Rapids (2000)
Mortgage Type	Number of Single-family Houses	Percent of total
Without a mortgage	310	32.7%
First Mortgage Only	516	54.4%
Second Mortgage and/or Home Equity Loan	122	12.9%
Total	948	100%

Median age for males and females (2000).
Males	21
Females	22

Males earn $1,017 (16.9%) more than Females in Big Rapids.

Level of higher education for people over 25 years in Big Rapids (2000).
Level	Number of Males	Percent of Males	Number of Females	Percent of Females
Some College	362	22.3%	499	30.7%
Associate Degree	179	11.0%	178	11.0%
Bachelor's Degree	314	19.3%	337	20.8%
Master's Degree	147	9.1%	154	9.5%
Professional Degree	46	2.8%	3	0.2%
Doctorate Degree	107	6.6%	14	0.9%
Total (at least some college)	1,155	71.2%	1,185	62.0%
Total over 25	1,623	100%	1,911	100%

What Will Your Monthly Payment Be?

Purchase Price

Down Payment

Interest Rate

Term of the Loan