Marquette, MI Real Estate
According to census data in the year 2000 there were 8,398 housing units in Marquette.
This represents a 2.2% growth from 8,216 in 1990.
Of those housing units, 8,137 were located in either urbanized areas or urban clusters, and 261 were located in what is classified as a rural area.
Homeownership rate in Marquette is about 49.7%.
Marquette's vacancy rate, including seasonal lodging, is about 4%.
Average household size is 2.12 people.
The majority of houses, apartments or condos in Marquette were built after 1960.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.10% |
| One Bedroom | 21.60% |
| Two Bedrooms | 30% |
| Three Bedrooms | 32.60% |
| Four Bedrooms | 10.40% |
| Five Bedrooms or more | 3.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1951 |
| Median Value of occupied units | $86,400 |
| Median Price asked for vacant units | $89,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.73 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $345 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.80% |
| Second Mortgage | 3.70% |
| Home Equity Loan | 12.10% |
| Simple Mortgage | 43.80% |
| Debt Free | 39.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.6% |
