Rockwood, MI Real Estate
According to census data in the year 2000 there were 1,353 housing units in Rockwood.
This represents a 19.2% growth from 1,135 in 1990.
Of those housing units, 1,353 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Rockwood is about 73.2%.
Rockwood's vacancy rate, including seasonal lodging, is about 2.6%.
Average household size is 2.6 people.
The majority of houses, apartments or condos in Rockwood were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 10% |
| Two Bedrooms | 18.30% |
| Three Bedrooms | 56.40% |
| Four Bedrooms | 12.10% |
| Five Bedrooms or more | 2.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.84 |
| Median year structure was built | 1963 |
| Median Value of occupied units | $114,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.93 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $661 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.30% |
| Home Equity Loan | 18.80% |
| Simple Mortgage | 50.50% |
| Debt Free | 26.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.4% |
