Dearborn Heights, MI Real Estate
According to census data in the year 2000 there were 23,913 housing units in Dearborn Heights.
This represents a 0.1% decline from 23,939 in 1990.
Of those housing units, 23,913 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Dearborn Heights is about 85.4%.
Dearborn Heights's vacancy rate, including seasonal lodging, is about 2.7%.
Average household size is 2.47 people.
The majority of houses, apartments or condos in Dearborn Heights were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 6.80% |
| Two Bedrooms | 20% |
| Three Bedrooms | 60.80% |
| Four Bedrooms | 10.40% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.53 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $110,800 |
| Median Price asked for vacant units | $112,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.14 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $563 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 3.70% |
| Home Equity Loan | 8.40% |
| Simple Mortgage | 47.10% |
| Debt Free | 40.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.4% |
