Tecumseh, MI Real Estate
According to census data in the year 2000 there were 3,598 housing units in Tecumseh.
This represents a 20% growth from 2,999 in 1990.
Of those housing units, 3,555 were located in either urbanized areas or urban clusters, and 43 were located in what is classified as a rural area.
Homeownership rate in Tecumseh is about 71.6%.
Tecumseh's vacancy rate, including seasonal lodging, is about 4.1%.
Average household size is 2.43 people.
The majority of houses, apartments or condos in Tecumseh were built after 1960.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 12.90% |
| Two Bedrooms | 26% |
| Three Bedrooms | 43% |
| Four Bedrooms | 14.50% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.57 |
| Median year structure was built | 1957 |
| Median Value of occupied units | $119,300 |
| Median Price asked for vacant units | $122,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.08 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $478 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 5.70% |
| Home Equity Loan | 13.10% |
| Simple Mortgage | 53.70% |
| Debt Free | 27% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.8% |
