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Breckenridge, Michigan Mortgage and Housing Information

Population: 1,339
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Cost of Single-Family Houses

Median price asked
in year 2000
$62,500

Value of Houses and Condos

A comparison of the average prices of homes in Breckenridge, Michigan and the U.S.
U.S.MichiganBreckenridge
Median home value
in year 2000
$111,800$110,300$68,000

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2000
U.S.MichiganBreckenridge
With a mortgage$1,088$972$699
Without a mortgage$295$288$248

Ownership of Single-family Houses

Types of mortgages for owner-occupied Single-family Houses in Breckenridge (2000)
Mortgage TypeNumber of Single-family HousesPercent of total
Without a mortgage10028.8%
First Mortgage Only20458.8%
Second Mortgage and/or Home Equity Loan4312.4%
Total347100%

Tenancy in Breckenridge

How many people in Breckenridge live in their own home? How many rent their home? Data for houses and condos, from 2000.
Owner-occupied homes402
Renter-occupied homes141
Homes for sale4
Homes for rent12
Total580

Age of Breckenridge Residents

Median age for males and females (2000).
Males 31
Females 36

Income

Median earnings for the 12 months preceding 2000, residents over 16 years with earnings
U.S.MichiganBreckenridge
Median Earnings$23,755$25,271$22,147
Median Earnings, Males$29,458$32,766$28,816
Median Earnings, Females$18,957$18,677$16,940

Males earn $11,876 (70.1%) more than Females in Breckenridge.

Commuting in Breckenridge

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo551
Carpooled62
Public Transit0
Bicycle3
Walking26
Other Means0
Total, Commuted642
Worked from home16
Total658

Time Spent Commuting in Breckenridge

Time spent commuting in Breckenridge
Time spent in minutesNumber of People
Less than 558
5-992
10-1470
15-1977
20-24113
25-2913
30-3469
35-3926
40-4441
45-5951
60-8916
Over 9016

Education

Level of higher education for people over 25 years in Breckenridge (2000).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College9024.2%11330.4%
Associate Degree195.1%287.5%
Bachelor's Degree4411.8%4111.0%
Master's Degree92.4%82.2%
Professional Degree102.7%20.5%
Doctorate Degree00.0%00.0%
Total (at least some college)17246.2%19243.4%
Total over 25372100%442100%

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