Ionia, MI Real Estate
According to census data in the year 2000 there were 2,623 housing units in Ionia.
This represents a 8.7% growth from 2,412 in 1990.
Of those housing units, 2,595 were located in either urbanized areas or urban clusters, and 28 were located in what is classified as a rural area.
Homeownership rate in Ionia is about 60.5%.
Ionia's vacancy rate, including seasonal lodging, is about 7.4%.
Average household size is 2.54 people.
The majority of houses, apartments or condos in Ionia were built after 1942.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.80% |
| One Bedroom | 15.60% |
| Two Bedrooms | 21.50% |
| Three Bedrooms | 38.50% |
| Four Bedrooms | 16.50% |
| Five Bedrooms or more | 5.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.84 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $77,400 |
| Median Price asked for vacant units | $76,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.08 |
| Median year structure was built | 1963 |
| Median Monthly Rent asked for vacant units | $296 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.70% |
| Second Mortgage | 5.80% |
| Home Equity Loan | 5.50% |
| Simple Mortgage | 58.70% |
| Debt Free | 29.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.7% |
