Lennon, MI Real Estate
According to census data in the year 2000 there were 200 housing units in Lennon.
This represents a 2.6% growth from 195 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 200 were located in what is classified as a rural area.
Homeownership rate in Lennon is about 92.7%.
Lennon's vacancy rate, including seasonal lodging, is about 10.5%.
Average household size is 2.86 people.
The majority of houses, apartments or condos in Lennon were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 2% |
| Two Bedrooms | 24% |
| Three Bedrooms | 53% |
| Four Bedrooms | 15.50% |
| Five Bedrooms or more | 4.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.86 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $92,600 |
| Median Price asked for vacant units | $65,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.92 |
| Median year structure was built | 1956 |
| Median Monthly Rent asked for vacant units | $375 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.80% |
| Home Equity Loan | 18.40% |
| Simple Mortgage | 40.10% |
| Debt Free | 34.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.4% |
