Honor, MI Real Estate
According to census data in the year 2000 there were 151 housing units in Honor.
This represents a 6.3% growth from 142 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 151 were located in what is classified as a rural area.
Homeownership rate in Honor is about 79.5%.
Honor's vacancy rate, including seasonal lodging, is about 19.2%.
Average household size is 2.31 people.
The majority of houses, apartments or condos in Honor were built after 1961.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.30% |
| Two Bedrooms | 40.40% |
| Three Bedrooms | 31.80% |
| Four Bedrooms | 17.20% |
| Five Bedrooms or more | 3.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.16 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $70,000 |
| Median Price asked for vacant units | $77,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.88 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $450 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.30% |
| Home Equity Loan | 0% |
| Simple Mortgage | 47.70% |
| Debt Free | 50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.1% |
