Marion, OH Real Estate
According to census data in the year 2000 there were 14,734 housing units in Marion.
This represents a 3.4% growth from 14,243 in 1990.
Of those housing units, 14,729 were located in either urbanized areas or urban clusters, and 5 were located in what is classified as a rural area.
Homeownership rate in Marion is about 63.3%.
Marion's vacancy rate, including seasonal lodging, is about 8%.
Average household size is 2.44 people.
The majority of houses, apartments or condos in Marion were built after 1948.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 10.90% |
| Two Bedrooms | 27.40% |
| Three Bedrooms | 48.80% |
| Four Bedrooms | 10.50% |
| Five Bedrooms or more | 1.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.49 |
| Median year structure was built | 1947 |
| Median Value of occupied units | $66,700 |
| Median Price asked for vacant units | $61,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.35 |
| Median year structure was built | 1951 |
| Median Monthly Rent asked for vacant units | $377 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 7.30% |
| Home Equity Loan | 5.70% |
| Simple Mortgage | 51.70% |
| Debt Free | 34.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.9% |
