Montague, MI Real Estate
According to census data in the year 2000 there were 1,080 housing units in Montague.
This represents a 11.3% growth from 970 in 1990.
Of those housing units, 969 were located in either urbanized areas or urban clusters, and 111 were located in what is classified as a rural area.
Homeownership rate in Montague is about 73.3%.
Montague's vacancy rate, including seasonal lodging, is about 7.8%.
Average household size is 2.41 people.
The majority of houses, apartments or condos in Montague were built after 1958.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 12.20% |
| Two Bedrooms | 28.60% |
| Three Bedrooms | 43.40% |
| Four Bedrooms | 13.10% |
| Five Bedrooms or more | 2.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.49 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $89,100 |
| Median Price asked for vacant units | $39,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.2 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $318 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.90% |
| Home Equity Loan | 10% |
| Simple Mortgage | 42.70% |
| Debt Free | 40.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.7% |
