Dollar Bay is located in Houghton, Michigan, with an estimated municipal population of 853 residents. All of the best foreclosed homes for sale in Dollar Bay are located in the following zip code areas on Foreclosure.com: 49922 49930. The estimated population per square kilometer (.62 miles) in Dollar Bay is 83.
So, about how much do homes cost in Dollar Bay? The most recent median value of resident-owned homes in Dollar Bay is 125,228. An estimated 79.4 percent of households in Dollar Bay own their homes, with an average family size of 3.76. The median household income in Dollar Bay is 51,250, with14 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Dollar Bay, the median commute time of resident workers (in minutes) is 14.7. And last, but certainly not least, are you looking for homes to rent in Dollar Bay? If so, the average rent price paid by renters in Dollar Bay is 745, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Dollar Bay, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Dollar Bay is 34.9, split between 46.8 percent male versus 53.2 female. The percentage of residents who report being married in Dollar Bay is 51.7, with an average family size of 3.76.
The percentage of residents who report their race in Dollar Bay is as follows:
| White | 98.6% |
| Black / African American | 0.5% |
| Asian | 0% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 0.4% |
| Other | 0.6% |
Looking for family-friendly neighborhoods in and/or near Dollar Bay? Or maybe you are searching for 55+ active adult communities in and/or near Dollar Bay?
The percentage of residents who report their age in Dollar Bay is as follows:
| Under 10 | 14.6% |
| Aged 10-19 | 17.4% |
| 20s | 12.3% |
| 30s | 11.9% |
| 40s | 10.7% |
| 50s | 11.8% |
| 60s | 10.1% |
| 70s | 7.9% |
| 80+ | 3.3% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Dollar Bay with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Dollar Bay.
How do you know that living in -- or moving to -- Dollar Bay is right where you need to be? Perhaps you grew up in Dollar Bay or already live nearby; therefore, the decision to buy a home in Dollar Bay is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Dollar Bay for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Dollar Bay:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Dollar Bay.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Dollar Bay can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Dollar Bay, meanwhile, can field multiple offers from more qualified buyers.
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