Benton Harbor, MI Real Estate
According to census data in the year 2000 there were 4,502 housing units in Benton Harbor.
This represents a 6% decline from 4,791 in 1990.
Of those housing units, 4,502 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Benton Harbor is about 37.8%.
Benton Harbor's vacancy rate, including seasonal lodging, is about 16.1%.
Average household size is 2.91 people.
The majority of houses, apartments or condos in Benton Harbor were built after 1952.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4.40% |
| One Bedroom | 17.60% |
| Two Bedrooms | 33.70% |
| Three Bedrooms | 30.50% |
| Four Bedrooms | 9.90% |
| Five Bedrooms or more | 3.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.16 |
| Median year structure was built | 1947 |
| Median Value of occupied units | $38,700 |
| Median Price asked for vacant units | $18,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.77 |
| Median year structure was built | 1956 |
| Median Monthly Rent asked for vacant units | $341 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.30% |
| Home Equity Loan | 7.90% |
| Simple Mortgage | 43.70% |
| Debt Free | 44% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.1% |
