Ontonagon, MI Real Estate
According to census data in the year 2000 there were 892 housing units in Ontonagon.
This represents a 6.1% decline from 950 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 892 were located in what is classified as a rural area.
Homeownership rate in Ontonagon is about 75.6%.
Ontonagon's vacancy rate, including seasonal lodging, is about 14.6%.
Average household size is 2.13 people.
The majority of houses, apartments or condos in Ontonagon were built after 1951.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 14.90% |
| Two Bedrooms | 24.10% |
| Three Bedrooms | 44.20% |
| Four Bedrooms | 12.70% |
| Five Bedrooms or more | 3.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.13 |
| Median year structure was built | 1949 |
| Median Value of occupied units | $42,400 |
| Median Price asked for vacant units | $32,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.12 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $198 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0.90% |
| Home Equity Loan | 0.40% |
| Simple Mortgage | 39.30% |
| Debt Free | 59.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.2% |
