Montgomery, MI Real Estate
According to census data in the year 2000 there were 145 housing units in Montgomery.
This represents a 3.6% growth from 140 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 145 were located in what is classified as a rural area.
Homeownership rate in Montgomery is about 76.1%.
Montgomery's vacancy rate, including seasonal lodging, is about 7.6%.
Average household size is 3.01 people.
The majority of houses, apartments or condos in Montgomery were built after 1939.
|Housing Units by Size|
|Five Bedrooms or more||6.90%|
Owned Homes, Apartments and Condos
|Average Household Size||2.93|
|Median year structure was built||1939|
|Median Value of occupied units||$54,700|
|Median Price asked for vacant units||$42,500|
Rented Homes, Apartments and Condos
|Average Household Size||3.28|
|Median year structure was built||1940|
|Median Monthly Rent asked for vacant units||$375|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||4.80%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||13.6%|