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Brooklyn, MI Real Estate


According to census data in the year 2000 there were 534 housing units in Brooklyn. This represents a 7% growth from 499 in 1990.

Of those housing units, 507 were located in either urbanized areas or urban clusters, and 27 were located in what is classified as a rural area.

Homeownership rate in Brooklyn is about 58.3%. Brooklyn's vacancy rate, including seasonal lodging, is about 5.6%. Average household size is 2.21 people.

The majority of houses, apartments or condos in Brooklyn were built after 1954.

Statistics

Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom19.30%
Two Bedrooms30.90%
Three Bedrooms34.50%
Four Bedrooms11.40%
Five Bedrooms or more2.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.39
Median year structure was built1943
Median Value of occupied units$93,800
Median Price asked for vacant units$77,500

Rented Homes, Apartments and Condos

Average Household Size1.97
Median year structure was built1971
Median Monthly Rent asked for vacant units$400

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2%
Home Equity Loan11.30%
Simple Mortgage51.20%
Debt Free35.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.9%