Level Park-Oak Park, MI Real Estate
According to census data in the year 2000 there were 1,455 housing units in Level Park-Oak Park.
This represents a 9.2% growth from 1,333 in 1990.
Of those housing units, 1,377 were located in either urbanized areas or urban clusters, and 78 were located in what is classified as a rural area.
Homeownership rate in Level Park-Oak Park is about 93.2%.
Level Park-Oak Park's vacancy rate, including seasonal lodging, is about 3%.
Average household size is 2.72 people.
The majority of houses, apartments or condos in Level Park-Oak Park were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.10% |
| One Bedroom | 1.90% |
| Two Bedrooms | 25.70% |
| Three Bedrooms | 57.20% |
| Four Bedrooms | 13.70% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.76 |
| Median year structure was built | 1957 |
| Median Value of occupied units | $81,200 |
| Median Price asked for vacant units | $45,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.28 |
| Median year structure was built | 1954 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5% |
| Home Equity Loan | 8.60% |
| Simple Mortgage | 52.10% |
| Debt Free | 34.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.9% |
