Ironwood, MI Real Estate
According to census data in the year 2000 there were 3,347 housing units in Ironwood.
This represents a 1.8% decline from 3,410 in 1990.
Of those housing units, 3,200 were located in either urbanized areas or urban clusters, and 147 were located in what is classified as a rural area.
Homeownership rate in Ironwood is about 71.7%.
Ironwood's vacancy rate, including seasonal lodging, is about 15.1%.
Average household size is 2.16 people.
The majority of houses, apartments or condos in Ironwood were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3% |
| One Bedroom | 10.50% |
| Two Bedrooms | 31.60% |
| Three Bedrooms | 43.50% |
| Four Bedrooms | 9.80% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.24 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $35,500 |
| Median Price asked for vacant units | $14,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.96 |
| Median year structure was built | 1942 |
| Median Monthly Rent asked for vacant units | $281 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 3.30% |
| Home Equity Loan | 5% |
| Simple Mortgage | 34.50% |
| Debt Free | 56.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.5% |
