Morley, MI Real Estate
According to census data in the year 2000 there were 205 housing units in Morley.
This represents a 10.5% decline from 229 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 205 were located in what is classified as a rural area.
Homeownership rate in Morley is about 75.5%.
Morley's vacancy rate, including seasonal lodging, is about 10.2%.
Average household size is 2.78 people.
The majority of houses, apartments or condos in Morley were built after 1947.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.30% |
| Two Bedrooms | 42% |
| Three Bedrooms | 36.10% |
| Four Bedrooms | 12.20% |
| Five Bedrooms or more | 2.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.55 |
| Median year structure was built | 1945 |
| Median Value of occupied units | $55,000 |
| Median Price asked for vacant units | $46,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.49 |
| Median year structure was built | 1959 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 13.10% |
| Simple Mortgage | 42.10% |
| Debt Free | 44.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.1% |
