Marion, MI Real Estate
According to census data in the year 2000 there were 399 housing units in Marion.
This represents a 8.1% growth from 369 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 399 were located in what is classified as a rural area.
Homeownership rate in Marion is about 65.9%.
Marion's vacancy rate, including seasonal lodging, is about 8.8%.
Average household size is 2.21 people.
The majority of houses, apartments or condos in Marion were built after 1956.
|Housing Units by Size|
|Five Bedrooms or more||4.50%|
Owned Homes, Apartments and Condos
|Average Household Size||2.35|
|Median year structure was built||1950|
|Median Value of occupied units||$55,200|
|Median Price asked for vacant units||$23,800|
Rented Homes, Apartments and Condos
|Average Household Size||1.95|
|Median year structure was built||1976|
|Median Monthly Rent asked for vacant units||$369|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||2.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.6%|