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Coldwater Michigan Real Estate By Jennifer Hershey

Coldwater Michigan Real Estate

Coldwater, Michigan, is located in Branch County, 30 miles S of Battle Creek, Michigan and 103 miles W of Detroit, Michigan. Coldwater has a population of 12,697.

Coldwater Homes

Coldwater properties pool is 4,054 residential properties including Coldwater new homes. Median age of real estate in Coldwater is 1953. Average Household size is 3.11 people. 2% are one bedroom homes, 23% are 2 bedroom homes, 53% are 3 bedroom homes, 17% are 4 bedroom homes, and 5% are 5+ bedroom homes.

Coldwater Mortgage Statistics

Coldwater mortgages vs. USA median statistics

Homes Coldwater USA
Homes With No Mortgage 30%
30%
Homes With Mortgage 70%
70%
First Mortgage Only 56%
54%
First & Second Mortgage or HELOC 14%
16%

Coldwater Area Real Estate Tax

Coldwater Real estate Tax: Median Real Estate Taxes (2000) were $917 comparing to 1999 Median Family income $ 41,107. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Coldwater School District: Children make up 22.4% of Coldwater population. Coldwater has 2,841 under 18 years old residents, or 0.57 kids per one worker, or 0.7 kids per one household.

Coldwater Real Estate & Coldwater Homeownership

There are 1297.28 or 32% one person households, 1135.12 or 28% two person households, and 648.64 or 16% three person households in Coldwater, Michigan. Median residents age is 35.8, Senior citizens (65+) make up 1,593 or 12.5%% of Coldwater population.

There are 4,985 workers (over 16 years of age) in Coldwater. Of these, 89.09% drive to work. Approximately 0.2% of workers in Coldwater take public transportation. An estimated 5.12% walk to work.

Median Coldwater homeowner's housing expences are 17.4%

Crime in Coldwater (2003), crimes per 10,000 residents per year

Type of Crime Coldwater USA, 2003
Violent Crimes
34.65
47.5
Robberies
0.79
14.2
Aggravated Assaults
25.2
29.5
Property Crimes
365.44
358.8
Burglaries
50.41
74.0
Larceny-Thefts
300.07
241.5
Motor Vehicle Thefts
14.96
43.3

Invest in Coldwater Properties

When making a decision about buying real estate in Coldwater Michigan area, you should consider following statistical data:

Category Coldwater USA
Near Medium City
Battle Creek, Michigan
-
Near Large City
Detroit, Michigan
-
Coldwater Zip Codes
49036
-
Coldwater Area Codes
517
-
White population
85.35%
75.1%
African-American population
8.42%
12.3%
Asian
0.92%
3.6%
American Indian & Alaskan
0.75%
0.9%
Hispanic (of any race)
4.52%
12.5%
Median Family Income (1999)
$ 41,107%
$42,000
Population Below Poverty Level
7.63%
12.4%

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