Ortonville, MI Real Estate
According to census data in the year 2000 there were 573 housing units in Ortonville.
This represents a 19.9% growth from 478 in 1990.
Of those housing units, 564 were located in either urbanized areas or urban clusters, and 9 were located in what is classified as a rural area.
Homeownership rate in Ortonville is about 69.7%.
Ortonville's vacancy rate, including seasonal lodging, is about 6.6%.
Average household size is 2.8 people.
The majority of houses, apartments or condos in Ortonville were built after 1970.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.70% |
| One Bedroom | 7% |
| Two Bedrooms | 30.90% |
| Three Bedrooms | 46.60% |
| Four Bedrooms | 8.90% |
| Five Bedrooms or more | 4.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.24 |
| Median year structure was built | 1970 |
| Median Value of occupied units | $155,800 |
| Median Price asked for vacant units | $154,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.8 |
| Median year structure was built | 1969 |
| Median Monthly Rent asked for vacant units | $638 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.40% |
| Home Equity Loan | 16.40% |
| Simple Mortgage | 58.50% |
| Debt Free | 16.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.1% |
