Montcalm County Area Home Supply Charts

This page looks at a variety of Montcalm County Michigan housing market data taken from the most recent 2020 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. Montcalm County shows it has a Housing Units of 28,598 which is the third most housing units of all other counties in the greater Montcalm County region.

Figure 2 illustrates the housing density in the Montcalm County housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Montcalm County depicts it has a Housing Density of 40.5 which is in the mid range of other counties in the metropolitan area. The county with the highest housing density in the area is Kent County which shows a density of 300.8 ( considerably bigger). Comparing housing density to the United States average of 38.9, Montcalm County is only about 4.2% larger. Also, compared to the state of Michigan, housing density of 81.5, Montcalm County is approximately half the size.

In Figure 4, Montcalm County area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Montcalm County shows it has a Housing Unit Change of 1.3% which is less than most other counties in the local area. The county with the highest change in the housing units in the area is Kent County which indicates a housing units of 3.3% (approximately 2.5 times bigger). Comparing change in the housing units to the United States average of 5.7%, Montcalm County is approximately a quarter the size. Also, benchmarked against the state of Michigan, change in the housing units of 1.4%, Montcalm County is about 5.6% smaller.

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.) Montcalm County shows it has a Renter Percent of 21.9% which is the second smallest when ranked by renter percent of all the other counties in the local area. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 78.1% which is the second most owner percent of all the counties in the greater Montcalm County region.

Montcalm County Home Cost Charts

Looking at the housing data provided in Figure 7, the average Montcalm County home price is illustrated for this community and a useful analysis of affordable housing. Montcalm County shows it has a Median Home Value of $113,900 which is the second smallest when ranked by median home price of all the other counties in the area. The county with the highest median home price in the area is Kent County which depicts a home price of $173,700 (52.5% larger). Figure 8 provides aggregate comparative data for the Montcalm County Michigan metro area in terms of the median housing rental rate, apartment rent, etc. Montcalm County depicts it has a Median Gross Rent of $697 which is the second smallest when sorted by rental rates of all the other counties in the metropolitan area. The county with the highest rental rates in the area is Kent County which depicts a rental rates of $899 (29.0% larger). Comparing rental rates to the United States average of $1,062, Montcalm County is approximately three-fourths the size. Also, measured against the state of Michigan, rental rates of $871, Montcalm County is about 25.0% smaller.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Montcalm County has one of the largest proportions of home price worth less than $50,000 at 30% of the total and is ranked #2. The only larger county being Gratiot County with 41%.

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. Montcalm County depicts it has a Median Owner Cost of $763 which is in the center range of other counties in the area. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Montcalm County metro area. it has a Owner Cost as % of HH Income of 17% which is the third most of all other counties in the metropolitan 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. Montcalm County depicts it has a Median Home Value as Percent of Median Earnings of 275% which is the second smallest when ranked by median home value as a percent of median worker earnings of all the other counties in the greater region.

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.) Montcalm County depicts it has a Median Owner Costs-With Mortgage of $1,028 which is the second smallest in terms of median housing cost of all the other counties in the area. 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 Owner Costs-Without Mortgage of $420 which is less than most other counties in the metro 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. Montcalm County has the percentage of owner cost less than $300 in the mid range of other counties in the metro area at 22% of the total. Second, it has the largest proportion of owner cost between $500 and $700 at 23% of the total and is ranked #1. Third, it has the smallest proportion of owner cost between $2,000 and $2,500 at 0% of the total. Also, it has the smallest proportion of owner cost between $3,500 and $4,000 at 0% 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.) Montcalm County shows it has a % of Income Owner Costs-With Mortgage of 19% which is the second smallest in terms of cost as a percent of household income of all the other counties in the metro area. The county with the highest cost as a percent of household income in the area is Newaygo County which shows a cost as a percent of household income of 21% (9.9% 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. Montcalm County shows it has a % of Income Owner Costs-No Mortgage of 13% which is at the top of all other counties in the greater Montcalm County region.

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.) Montcalm County has the largest proportion of rent as a percent of income is between 30pct to 40pct at 11% of the total and is ranked #1. Second, it has less than most other counties in the greater region in terms of rent as a percent of income is between 40pct to 50pct at 20% of the total.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Montcalm County has the smallest proportion of housing cost between $1,500 and $2,000 at 2% of the total. Second, it has the smallest proportion of housing cost between $2,000 and $2,500 at 0% of the total.

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 $1,516 which is less than most other counties in the greater region. The county with the highest median real estate taxes paid in the area is Kent County which depicts a taxes paid of $2,542 (67.7% larger). Comparing median real estate taxes paid to the United States average of $2,471, Montcalm County is approximately three-fourths the size. Also, compared with the state of Michigan, median real estate taxes paid of $2,381, Montcalm County is approximately three-fourths the size.

Figure 22 shows the percentage of renters who pay for utilities in Montcalm County Michigan. This is calculated as the percent of renters who pay separately for utilities versus the people who have utilities included as part of amenities. Montcalm County has the smallest proportion of pay extra for utilities at 6% of the total.

Montcalm County Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Montcalm County has the smallest proportion of with heloc at 0% of the total.

Montcalm County Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 3.1 which is less than most other counties in the local area. The county with the highest family members per housing unit in the area is Kent County which depicts a family members per housing unit of 3.3 (only about 5.1% larger). Comparing family members per housing unit to the United States average of 3.3, Montcalm County is about 6.3% smaller. Also, measured against the state of Michigan, family members per housing unit of 3.2, Montcalm County is about the same size.

Figure 29 show the median number of rooms in a typical home for each location in this area. it has a Median Number of Rooms of 5.8 which is in the mid range of other counties in the metropolitan area. The county with the highest average number of rooms in a house in the area is Gratiot County which depicts an average number of rooms in a house of 6.2 (6.9% 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 Median Year Built of 1976 which is in the middle range of other counties in the greater region. The county with the highest year built in the area is Isabella County which shows a year built of 1983 ( about the same size).

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 middle range of other counties in the local area at 5,238 of the total.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. has the smallest proportion of 20 to 49 units at 0% of the total.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. has the percentage of value of homes built 2014 or later in the mid range of other counties in the metro area at $210,500 of the total. Second, it has the second smallest when ranked by value of homes built 2014 or later of all the other counties in the local area when sorted by value of homes built 2010 to 2013 at $156,700 of the total. Third, it has the smallest proportion of value of homes built 2000 to 2009 at $117,200 of the total. Also, it has the second smallest as measured by value of homes built 2014 or later of all the other counties in the metro area when sorted by value of homes built 1990 to 1999 at $98,900 of the total. In addition, it has less than most other counties in the local area as measured by value of homes built 1980 to 1989 at $112,700 of the total. Furthermore, it has less than most other counties in the metro area as measured by value of homes built 1970 to 1979 at $117,200 of the total. Next it has the second smallest in order of value of homes built 2014 or later of all the other counties in the greater region as measured by value of homes built 1960 to 1969 at $97,700 of the total. Additionally, it has in the middle range of other counties in the area as measured by value of homes built 1950 to 1959 at $97,900 of the total. And then, it has the second smallest as measured by value of homes built 2014 or later of all the other counties in the greater region when sorted by value of homes built 1940 to 1949 at $100,400 of the total.

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 Montcalm County residents. it has a Owner-Household Size of 2.6 which is in the center range of other counties in the metro area. The county with the highest homeowner household size in the area is Kent County which shows a homeowner household size of 2.8 (6.2% larger).

Figure 37 shows the household size for renters. Montcalm County depicts it has a Renter-Household Size of 2.3 which is the second smallest in order of renter household size of all the other counties in the local area. The county with the highest renter household size in the area is Isabella County which depicts a renter household sizes of 2.6 (9.8% larger). Figure 39 shows the year that people who rent moved into the area. Montcalm County has the percentage of renters moved in 2017 or later less than most other counties in the metro area at 25% of the total. Second, it has one of the largest proportions of renters moved in 2015 to 2016 at 40% of the total and is ranked #3. Only #2 Gratiot County (42%), and #1 Newaygo County (43%) are larger. Third, it has the largest proportion of renters moved in 2010 to 2014 at 16% of the total and is ranked #1. Also, it has the largest proportion of renters moved in 1990 to 1999 at 3% of the total and is ranked #1.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 2004 which is the second most of all the counties in the metropolitan area. Figure 41 compares the median year that renters moved into their home. Montcalm County depicts it has a Renter Median Year Moved In of 2013 which is the smallest in order of median year that a renter moved in of all the other counties in the local area.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. it has one of the largest proportions of homes using coal or coke at 12% of the total and is ranked #2. The only larger county being Newaygo County with 17%. Second, it has less than most other counties in the area in terms of homes using solar energy at 2% of the total.

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 Montcalm County housing department, Michigan department, or other housing authority or public housing agency. beginning with Figure 43 which shows the total number of people. Montcalm County depicts it has a Total In Group Quarters of 2,710 which is the second smallest in order of total people living in group quarters of all the other counties in the surrounding region.