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Mt. Morris, MI Real Estate


According to census data in the year 2000 there were 1,437 housing units in Mt. Morris. This represents a 1.8% growth from 1,411 in 1990.

Of those housing units, 1,437 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Mt. Morris is about 62.6%. Mt. Morris's vacancy rate, including seasonal lodging, is about 6.6%. Average household size is 2.42 people.

The majority of houses, apartments or condos in Mt. Morris were built after 1955.

Statistics

Housing Size

Housing Units by Size
Studio Type2.30%
One Bedroom18%
Two Bedrooms38.30%
Three Bedrooms35.40%
Four Bedrooms5%
Five Bedrooms or more1%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.7
Median year structure was built1950
Median Value of occupied units$67,000

Rented Homes, Apartments and Condos

Average Household Size1.97
Median year structure was built1966
Median Monthly Rent asked for vacant units$396

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.10%
Home Equity Loan4.90%
Simple Mortgage60.80%
Debt Free32.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.5%