Holton township Michigan Area Home Supply Charts

This page looks at a variety of Holton township Michigan housing market data taken from the most recent 2019 American Community Survey census data. Housing units are structures such as a single family home, apartment community, mobile home park, public housing, etc. where a person or family live and live separately from other residents of the building. Figure 1 shows the total number of housing units for each city. Holton township shows it has a housing units of 1,149 which is in the mid range of other places in the greater region.

Figure 2 illustrates the housing density in the Holton township housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Holton township shows it has a housing density of 33.1 which is the smallest as measured by housing density of all the other places in the local area. The city with the highest housing density in the area is North Muskegon which shows a density of 1,039.1 ( markedly bigger). Comparing housing density to the United States average of 38.6, Holton township is about 16.5% smaller. Also, versus the state of Michigan, housing density of 81.3, Holton township is approximately half the size.

In Figure 4, Holton township area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Holton township shows it has a change in the housing units of 9.4% which is the most of all places in the greater Holton township region. Comparing change in the housing units to the United States average of 4.9%, Holton township is about twice as large. Also, measured against the state of Michigan, change in the housing units of 1.1%, Holton township is substantially bigger.

Figure 5 shows the percentage of rental property based on that they are occupied by renters as a percent of the total number of households in the community (including homes, apartments, etc.) Holton township depicts it has a renter percent of 22.5% which is the third most of all other places in the local area. Figure 6 illustrates the total number of housing units that are occupied by owners. it has an owner percent of 77.5% which is less than most other places in the greater region.

Holton township Michigan Home Cost Charts

Looking at the housing data provided in Figure 7, the average Holton township home price is illustrated for this community and a useful analysis of affordable housing. Holton township shows it has a median home price of $102,200 which is the third most median home prices of all other places in the greater Holton township region. The city with the highest median home price in the area is Twin Lake CDP which shows a home price of $156,000 (52.6% larger). Figure 8 provides aggregate comparative data for the Holton township Michigan metro area in terms of the median housing rental rate, apartment rent, etc. Holton township depicts it has a rental rates of $839 which is the most of all places in the greater Holton township region. Comparing rental rates to the United States average of $1,023, Holton township is about 21.9% smaller. Also, measured against the state of Michigan, rental rates of $850, Holton township is about the same size.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Holton township has one of the largest proportions of home price worth less than $50,000 at 15% of the total and is ranked #3. Only #2 Wolf Lake CDP (19%), and #1 Fremont (20%) are larger. Second, it has the largest proportion of home price worth between $1,000,000 to $1,500,000 at 1% of the total and is ranked #1. Third, it has the largest proportion of home price worth between $1,500,000 to $2,000,000 at 1% of the total and is ranked #1. Also, it has the largest proportion of home price worth $2,000,000 or more at 1% of the total and is ranked #1.

Median owner costs for the real estate market are shown in Figure 10 and include the costs associated with any mortgage, utility expenses, insurance, and other miscellaneous costs. Holton township shows it has a median ownership cost of $613 which is the smallest in terms of median ownership cost of all the other places in the greater region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Holton township metro area. it has a cost as a percent of household income of 15% which is the second smallest as measured by cost as a percent of household income of all the other places in the area. The next chart, Figure 12, provides a comparison chart of the median home cost as a percent of a median worker take home earnings and is thus a valuable measure of affordable housing. Holton township indicates it has a median home value as a percent of median worker earnings of 237% which is less than most other places in the metro area.

Figure 14 depicts the median cost of housing for owners with also have a mortgages (versus those who do not have a mortgage because mortgage cost is included.) Holton township shows it has a median housing cost of $1,061 which is the second most median housing cost of all the places in the greater Holton township region. Figure 15 is a chart that shows the median housing costs for owners who do not have mortgages (and therefore the cost of home ownership does not include mortgage cost.) it has a median housing cost of $335 which is the smallest in terms of median housing cost of all the other places in the local area.

Figure 16 shows the distribution in total housing cost for owners of property (so not renters.) This cost includes mortgages, lines of credit interest, utilities, taxes, insurance, etc. Holton township has the largest proportion of owner cost less than $300 at 18% of the total and is ranked #1. Second, it has the smallest proportion of owner cost between $700 and $1,000 at 11% of the total.

Next shown in Figure 17 is the housing cost as a percent of household income for people who own their homes and have a mortgages (thus the cost of financing the home is included.) Holton township depicts it has a cost as a percent of household income of 19% which is in the center range of other places in the greater region. The city with the highest cost as a percent of household income in the area is Fremont which depicts a cost as a percent of household income of 20% (only about 5.2% larger). Housing cost as a percent of household income for owners who do not have a mortgage is shown in Figure 18. This analysis can be useful for understanding the affordable housing for home ownership excluding any financing cost in the area shown. Holton township shows it has a cost as a percent of household income of 11% which is less than most other places in the local area. The city with the highest cost as a percent of household income in the area is Hesperia which depicts a cost as a percent of household income of 16% (40.4% larger).

Figure 19 looks at the cost of rent for rental property using the percent of total household income which is a valuable measure of financial health for the area. (The higher the proportion of rent payments to total household income is a sign of greater financial stress. Also, rent can be covered by rent assistance and rent assistance programs in the form of rent assistance.) Holton township has one of the largest proportions of rent as a percent of income is less than 10 pct at 3% of the total and is ranked #2. The only larger city being Fremont with 4%. Second, it has less than most other places in the greater region when sorted by rent as a percent of income is between 30pct to 40pct at 8% of the total. Third, it has one of the largest proportions of rent as a percent of income is over 50pct at 31% of the total and is ranked #2. The only larger city being Lakewood Club with 36%.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Holton township has the largest proportion of housing cost less than $300 at 14% of the total and is ranked #1.

Figure 21 shows median amount of real estate taxes paid for home owners in the region. it has a median real estate taxes paid of $1,470 which is the smallest in terms of median real estate taxes paid of all the other places in the metro area. The city with the highest median real estate taxes paid in the area is North Muskegon which shows a taxes paid of $2,755 (about twice as large). Comparing median real estate taxes paid to the United States average of $2,375, Holton township is approximately three-fourths the size. Also, compared to the state of Michigan, median real estate taxes paid of $2,312, Holton township is approximately three-fourths the size.

Figure 23 shows the rental rate distribution for this area. Holton township Michigan has the percentage of rent between 300 and 500 dollars in the mid range of other places in the greater region at 2% of the total. Second, it has the second smallest when sorted by rent less than 300 dollars of all the other places in the local area when ranked by rent between 500 and 750 dollars at 10% of the total. Third, it has the largest proportion of rent between 750 and 1000 dollars at 67% of the total and is ranked #1.

Holton township Michigan Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Holton township has the smallest proportion of with mortgage at 52% of the total. Second, it has the smallest proportion of no 2nd mortgage and no heloc at 47% of the total. Third, it has the largest proportion of no mortgage at 48% of the total and is ranked #1.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Holton township has the smallest proportion of houses with mortgages at 52% of the total. Second, it has the largest proportion of houses without mortgages at 48% of the total and is ranked #1.

Holton township Michigan Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a family members per housing unit of 3.0 which is the third most of all other places in the local area. The city with the highest family members per housing unit in the area is Hesperia which depicts a family members per housing unit of 3.1 (only about 3.1% larger). Comparing family members per housing unit to the United States average of 3.3, Holton township is about 10.2% smaller. Also, compared to the state of Michigan, family members per housing unit of 3.2, Holton township is only about 5.0% smaller.

Figure 29 show the median number of rooms in a typical home for each location in this area. it has an average number of rooms in a house of 5.3 which is less than most other places in the metro area. The city with the highest average number of rooms in a house in the area is North Muskegon which shows an average number of rooms in a house of 6.4 (20.8% larger). Figure 30 shows, for the average house in each location, the median year that a house was built. This can be useful for understanding the relative age of one neighborhood versus another for a real estate investor. it has a year built of 1974 which is the third most of all other places in the greater region. The city with the highest year built in the area is Lakewood Club which depicts a year built of 1994 ( only slightly larger).

Figure 31 looks at the distribution of housing units by the median age that the homes were built. has the percentage of homes built between 2000 to 2009 in the middle range of other places in the greater region at 9% of the total. Second, it has one of the largest proportions of homes built between 1990 to 1999 at 21% of the total and is ranked #2. The only larger city being Lakewood Club with 25%. Third, it has less than most other places in the metropolitan area when sorted by homes built between 1940 to 1949 at 5% of the total.

Figure 32 shows the difference in the number of housing units based on whether they are occupied by owners versus occupied by renters. has the percentage of owner housing units in the center range of other places in the area at 751 of the total. Second, it has in the mid range of other places in the metropolitan area when sorted by renter housing units at 218 of the total.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. it has the largest proportion of mobile home at 23% of the total and is ranked #1.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. it has the largest proportion of value of homes built 2000 to 2009 at $175,000 of the total and is ranked #1. Second, it has one of the largest proportions of value of homes built 1990 to 1999 at $113,200 of the total and is ranked #3. Only #2 Twin Lake CDP ($166,300), and #1 North Muskegon ($171,700) are larger. Third, it has in the mid range of other places in the metropolitan area when sorted by value of homes built 1980 to 1989 at $63,300 of the total. Also, it has less than most other places in the metro area as measured by value of homes built 1970 to 1979 at $73,000 of the total. In addition, it has in the mid range of other places in the metro area as measured by value of homes built 1960 to 1969 at $120,800 of the total. Furthermore, it has less than most other places in the local area in order of value of homes built 1950 to 1959 at $94,800 of the total. Next it has in the middle range of other places in the local area when sorted by value of homes built 1940 to 1949 at $68,600 of the total. Additionally, it has one of the largest proportions of value of homes built 1939 or earlier at $126,600 of the total and is ranked #2. The only larger city being North Muskegon with $166,300.

The next two charts show both the average household size of homeowners versus the average household size of renters. Starting with Figure 36 we see the household size of homeowners for Holton township residents. it has a homeowner household size of 2.5 which is less than most other places in the greater region. The city with the highest homeowner household size in the area is Wolf Lake CDP which depicts a homeowner household size of 2.7 (6.7% larger).

Figure 37 shows the household size for renters. Holton township shows it has a renter household size of 2.8 which is more than all other places in the greater Holton township region. Figure 38 shows the year that people who own homes moved into this region. has the percentage of owners moved in 2010 to 2014 the second smallest as measured by owners moved in 2017 or later of all the other places in the local area at 20% of the total. Second, it has the second smallest when ranked by owners moved in 2017 or later of all the other places in the greater region in order of owners moved in 2000 to 2009 at 24% of the total. Third, it has the largest proportion of owners moved in 1989 or earlier at 29% of the total and is ranked #1. Figure 39 shows the year that people who rent moved into the area. Holton township has one of the largest proportions of renters moved in 2015 to 2016 at 33% of the total and is ranked #2. The only larger city being Wolf Lake CDP with 42%. Second, it has less than most other places in the local area in terms of renters moved in 2000 to 2009 at 14% of the total.

Figure 40 compares the median year that home owners moved into their home. it has a median year that a home owner moved in of 1998 which is the smallest when ranked by median year that a home owner moved in of all the other places in the local area. Figure 41 compares the median year that renters moved into their home. Holton township shows it has a median year that a renter moved in of 2013 which is the second most median year that a renter moved in of all the places in the greater Holton township region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. has the smallest proportion of homes using natural gas at 30% of the total. Second, it has the largest proportion of home using bottled, tank, or lp gas at 35% of the total and is ranked #1. Third, it has the smallest proportion of home using electricity at 3% of the total. Also, it has the largest proportion of homes using kerosene or other fuel oils at 7% of the total and is ranked #1. In addition, it has the largest proportion of homes using wood at 24% of the total and is ranked #1. Furthermore, it has one of the largest proportions of homes using some other fuel at 1% of the total and is ranked #2. The only larger city being Lakewood Club with 2%.

The next two charts show the number of people living in group quarters and includes temporary as well permanent housing which may be run by the Holton township housing department, Michigan department, or other housing authority or public housing agency. beginning with Figure 43 which shows the total number of people. Holton township depicts it has a total people living in group quarters of 31 which is in the center range of other places in the greater region.

Figure 44 shows the percentage of people who are living in group quarters to the total population for Holton township residents (these may include colleges and jails but also community centers for homelessness or that require a housing choice voucher which are run by certain nonprofits or an affordable housing department.) Holton township has the largest proportion of number of people 18 years of age and older living in group quarters at 100% of the total and is ranked #1.