Fountain, MI Real Estate
According to census data in the year 2000 there were 94 housing units in Fountain.
This represents a 19% growth from 79 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 94 were located in what is classified as a rural area.
Homeownership rate in Fountain is about 85.9%.
Fountain's vacancy rate, including seasonal lodging, is about 17%.
Average household size is 2.4 people.
The majority of houses, apartments or condos in Fountain were built after 1940.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 6.40% |
| Two Bedrooms | 40.40% |
| Three Bedrooms | 38.30% |
| Four Bedrooms | 12.80% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.33 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $62,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.82 |
| Median year structure was built | 1973 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.90% |
| Home Equity Loan | 0% |
| Simple Mortgage | 51.80% |
| Debt Free | 39.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.8% |
