Prudenville, MI Community Information

Prudenville, MI Homes for Sale

Prudenville, MI Community Information

Population

4,511

Median Age

49.5

Median Household Income

$34,808

Households with Children

30.25%

Median Travel Time to Work

20 minutes

Prudenville, MI Real Estate Market Information

Homes Owned

53.58%

Homes Rented

10.72%

Homes Vacant

35.69%

Prudenville, MI Home Price-Rent Ratio

The price-rent ratio is a great way to compare the costs of buying and renting both within a city and is useful to compare against other cities as well. Technically it is the average cost of ownership divided by the received rent income if buying to let. The formula is House Price / (Monthly Rent x 12).

1:1

Low Home Price-Rent Ratio

High Home Price-Rent Ratio

What does it mean?

1-10

It is less expensive to own than to rent a home in this city depending factors such as length of ownership.

11-20

The total costs of ownership of a home in this city are greater than the costs of renting, but it might still make financial sense depending on the situation.

21 or greater

The total costs of owning a home in this city are greater than the costs of renting depending factors such as length of ownership.

*Note that this index is a broad measure. Contact a local agent to understand local market conditions.

Prudenville, MI School Information

Elementary Schools

Primary Schools

Middle Schools

High Schools

Other Schools

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Community Age Profile

Community

Transportation

Transportation

Education Levels

Education Levels

Occupation

Occupation

Community

  • Total Population 4,511
  • Total Male Population 2,210
  • Total Female Population 2,301
  • Population change since 2000 -4.25%
  • Median age 49.5
  • Percent of households with children 30.25%
  • Personal Crime risk 72

Transportation

  • Median travel time to work 20 minutes
  • Percent using Public transportation 0.56%
  • Percent Driving/Using Carpool 92.03
  • Percent Using Other transportation 3.52%
  • Percent Working From Home 3.89%

Education Levels

  • Some high school 14.66%
  • High school graduate 44.40%
  • Some college 21.62%
  • Associate degree 6.81%
  • Bachelor's degree 6.87%
  • Graduate degree 5.64%

Occupation

  • Agriculture, forestry, and fishing 0.74%
  • Construction 8.03%
  • Manufacturing 4.76%
  • Wholesale Trade 2.29%
  • Retail Trade 19.64%
  • Finance, insurance and real estate 5.00%
  • Services 5.50%
  • Public administration 6.98%
  • Information 1.05%
  • Professional 2.66%
  • Education 22.73%
  • Arts 16.68%

Income

  • Average household income $49,497
  • Income change since 2000 18.16%

Climate

  • Avg. January high/low temp 26.35 / 9.68
  • Avg. July high/low temp 80.20 / 54.36
  • Annual precipitation 29.58
© 2013 HomeFinder.com, LLC Equal Housing Opportunity