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Magna Housing, Costs

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Magna Housing, Costs

Monthly Magna housing costs for owner-occupied housing units. Costs are in two categories, for owners with a mortgage, and without a mortgage. Costs are displayed in dollar amounts in the first table, and as a percentage of total income in the second table.


Housing costs

Number

Percent

Specified owner-occupied housing units

5,065

100.0%

 

 

 

With a mortgage

4,265

84.2%

Less than $200 monthly

0

0.0%

$200 - $299 monthly

9

0.2%

$300 - $399 monthly

76

1.8%

$400 - $499 monthly

101

2.4%

$500 - $599 monthly

167

3.9%

$600 - $699 monthly

364

8.5%

$700 - $799 monthly

485

11.4%

$800 - $899 monthly

491

11.5%

$900 - $999 monthly

654

15.3%

$1,000 - $1,499 monthly

1,623

38.1%

$1,500 - $1,999 monthly

253

5.9%

$2,000 - $2,499 monthly

33

0.8%

$2,500 - $2,999 monthly

9

0.2%

$3,000 or more monthly

0

0.0%

Median in dollars

967

 

 

 

 

Without a mortgage

800

15.8%

Less than $100 monthly

0

0.0%

$100 - $149 monthly

14

1.8%

$150 - $199 monthly

169

21.1%

$200 - $249 monthly

330

41.3%

$250 - $299 monthly

195

24.4%

$300 - $399 monthly

74

9.3%

$400 - $499 monthly

6

0.8%

$500 - $699 monthly

6

0.8%

$700 or more monthly

6

0.8%

Median in dollars

233

 


Housing costs as a percentage of monthly income (1999)

Number

Percent

With a mortgage

4,265

84.2%

Less than 20%

1,463

34.3%

20 - 24%

720

16.9%

25 - 29%

653

15.3%

30 - 34%

502

11.8%

35% or more

914

21.4%

Not computed

13

0.3%

Median

24.6%

 

 

 

 

Without a mortgage

800

15.8%

Less than 20%

642

80.3%

20 - 24%

37

4.6%

25 - 29%

33

4.1%

30 - 34%

10

1.3%

35% or more

72

9.0%

Not computed

6

0.8%

Median

11.3%

 





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