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Leonard, MI Real Estate


According to census data in the year 2000 there were 135 housing units in Leonard. This represents a 10.7% growth from 122 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 135 were located in what is classified as a rural area.

Homeownership rate in Leonard is about 91.5%. Leonard's vacancy rate, including seasonal lodging, is about 4.4%. Average household size is 2.56 people.

The majority of houses, apartments or condos in Leonard were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom4.40%
Two Bedrooms21.50%
Three Bedrooms54.10%
Four Bedrooms17%
Five Bedrooms or more3%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.62
Median year structure was built1940
Median Value of occupied units$118,400

Rented Homes, Apartments and Condos

Average Household Size1.91
Median year structure was built1939

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.60%
Home Equity Loan13%
Simple Mortgage50.90%
Debt Free31.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.2%