Reading, MI Real Estate
According to census data in the year 2000 there were 439 housing units in Reading.
This represents a 0.7% growth from 436 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 439 were located in what is classified as a rural area.
Homeownership rate in Reading is about 76.1%.
Reading's vacancy rate, including seasonal lodging, is about 3.9%.
Average household size is 2.79 people.
The majority of houses, apartments or condos in Reading were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 8.20% |
| Two Bedrooms | 25.50% |
| Three Bedrooms | 40.50% |
| Four Bedrooms | 19.60% |
| Five Bedrooms or more | 6.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.79 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $56,700 |
| Median Price asked for vacant units | $75,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.79 |
| Median year structure was built | 1949 |
| Median Monthly Rent asked for vacant units | $150 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.70% |
| Second Mortgage | 2.80% |
| Home Equity Loan | 5.50% |
| Simple Mortgage | 51% |
| Debt Free | 40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.5% |
