Leonard, MI Real Estate
According to census data in the year 2000 there were 135 housing units in Leonard.
This represents a 10.7% growth from 122 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 135 were located in what is classified as a rural area.
Homeownership rate in Leonard is about 91.5%.
Leonard's vacancy rate, including seasonal lodging, is about 4.4%.
Average household size is 2.56 people.
The majority of houses, apartments or condos in Leonard were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4.40% |
| Two Bedrooms | 21.50% |
| Three Bedrooms | 54.10% |
| Four Bedrooms | 17% |
| Five Bedrooms or more | 3% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.62 |
| Median year structure was built | 1940 |
| Median Value of occupied units | $118,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.91 |
| Median year structure was built | 1939 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.60% |
| Home Equity Loan | 13% |
| Simple Mortgage | 50.90% |
| Debt Free | 31.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.2% |
