Portage, MI Real Estate
According to census data in the year 2000 there were 18,885 housing units in Portage.
This represents a 17.1% growth from 16,133 in 1990.
Of those housing units, 18,858 were located in either urbanized areas or urban clusters, and 27 were located in what is classified as a rural area.
Homeownership rate in Portage is about 69%.
Portage's vacancy rate, including seasonal lodging, is about 3.9%.
Average household size is 2.45 people.
The majority of houses, apartments or condos in Portage were built after 1972.
|Housing Units by Size|
|Five Bedrooms or more||3.40%|
Owned Homes, Apartments and Condos
|Average Household Size||2.7|
|Median year structure was built||1968|
|Median Value of occupied units||$120,800|
|Median Price asked for vacant units||$122,600|
Rented Homes, Apartments and Condos
|Average Household Size||1.91|
|Median year structure was built||1979|
|Median Monthly Rent asked for vacant units||$494|
Owners Finance Status
|Second Mortgage & Equity Loan||0.50%|
|Home Equity Loan||13.90%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.5%|