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Ironwood, MI Real Estate


According to census data in the year 2000 there were 3,347 housing units in Ironwood. This represents a 1.8% decline from 3,410 in 1990.

Of those housing units, 3,200 were located in either urbanized areas or urban clusters, and 147 were located in what is classified as a rural area.

Homeownership rate in Ironwood is about 71.7%. Ironwood's vacancy rate, including seasonal lodging, is about 15.1%. Average household size is 2.16 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type3%
One Bedroom10.50%
Two Bedrooms31.60%
Three Bedrooms43.50%
Four Bedrooms9.80%
Five Bedrooms or more1.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.24
Median year structure was built1939
Median Value of occupied units$35,500
Median Price asked for vacant units$14,600

Rented Homes, Apartments and Condos

Average Household Size1.96
Median year structure was built1942
Median Monthly Rent asked for vacant units$281

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage3.30%
Home Equity Loan5%
Simple Mortgage34.50%
Debt Free56.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs15.5%