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Fountain, MI Real Estate


According to census data in the year 2000 there were 94 housing units in Fountain. This represents a 19% growth from 79 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 94 were located in what is classified as a rural area.

Homeownership rate in Fountain is about 85.9%. Fountain's vacancy rate, including seasonal lodging, is about 17%. Average household size is 2.4 people.

The majority of houses, apartments or condos in Fountain were built after 1940.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom6.40%
Two Bedrooms40.40%
Three Bedrooms38.30%
Four Bedrooms12.80%
Five Bedrooms or more2.10%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.33
Median year structure was built1939
Median Value of occupied units$62,700

Rented Homes, Apartments and Condos

Average Household Size2.82
Median year structure was built1973

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.90%
Home Equity Loan0%
Simple Mortgage51.80%
Debt Free39.30%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs13.8%