Onaway, MI Real Estate
According to census data in the year 2000 there were 508 housing units in Onaway.
This represents a 10.4% decline from 567 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 508 were located in what is classified as a rural area.
Homeownership rate in Onaway is about 61.9%.
Onaway's vacancy rate, including seasonal lodging, is about 14.2%.
Average household size is 2.14 people.
The majority of houses, apartments or condos in Onaway were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 21.50% |
| Two Bedrooms | 31.50% |
| Three Bedrooms | 31.70% |
| Four Bedrooms | 12.20% |
| Five Bedrooms or more | 2.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.38 |
| Median year structure was built | 1945 |
| Median Value of occupied units | $46,000 |
| Median Price asked for vacant units | $12,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.76 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $208 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.70% |
| Home Equity Loan | 6% |
| Simple Mortgage | 48.50% |
| Debt Free | 43.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.5% |
