Taylor, MI Real Estate
According to census data in the year 2000 there were 25,905 housing units in Taylor.
This represents a 0.7% growth from 25,727 in 1990.
Of those housing units, 25,905 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Taylor is about 70.8%.
Taylor's vacancy rate, including seasonal lodging, is about 4.4%.
Average household size is 2.63 people.
The majority of houses, apartments or condos in Taylor were built after 1961.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 6.70% |
| Two Bedrooms | 31.50% |
| Three Bedrooms | 51.80% |
| Four Bedrooms | 8.30% |
| Five Bedrooms or more | 0.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.69 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $93,000 |
| Median Price asked for vacant units | $87,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.5 |
| Median year structure was built | 1969 |
| Median Monthly Rent asked for vacant units | $531 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 4.90% |
| Home Equity Loan | 11.90% |
| Simple Mortgage | 53.20% |
| Debt Free | 29.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.5% |
