Plymouth, MI Real Estate
According to census data in the year 2000 there were 4,556 housing units in Plymouth.
This represents a 0.6% growth from 4,528 in 1990.
Of those housing units, 4,556 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Plymouth is about 65.7%.
Plymouth's vacancy rate, including seasonal lodging, is about 4%.
Average household size is 2.05 people.
The majority of houses, apartments or condos in Plymouth were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.60% |
| One Bedroom | 21% |
| Two Bedrooms | 29.40% |
| Three Bedrooms | 33.80% |
| Four Bedrooms | 12.90% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.3 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $178,700 |
| Median Price asked for vacant units | $112,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.58 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $654 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.90% |
| Second Mortgage | 3.80% |
| Home Equity Loan | 11.60% |
| Simple Mortgage | 62.10% |
| Debt Free | 21.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.3% |
