East Jordan, MI Real Estate
According to census data in the year 2000 there were 1,098 housing units in East Jordan.
This represents a 11.1% growth from 988 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 1,098 were located in what is classified as a rural area.
Homeownership rate in East Jordan is about 70.5%.
East Jordan's vacancy rate, including seasonal lodging, is about 13.3%.
Average household size is 2.64 people.
The majority of houses, apartments or condos in East Jordan were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.20% |
| One Bedroom | 14.10% |
| Two Bedrooms | 31.40% |
| Three Bedrooms | 37.20% |
| Four Bedrooms | 13.60% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.76 |
| Median year structure was built | 1952 |
| Median Value of occupied units | $76,000 |
| Median Price asked for vacant units | $68,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.35 |
| Median year structure was built | 1978 |
| Median Monthly Rent asked for vacant units | $583 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4% |
| Home Equity Loan | 9.10% |
| Simple Mortgage | 50.30% |
| Debt Free | 36.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.1% |
