Three Rivers, MI Real Estate
According to census data in the year 2000 there were 3,276 housing units in Three Rivers.
This represents a 3.8% growth from 3,156 in 1990.
Of those housing units, 3,276 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Three Rivers is about 64.7%.
Three Rivers's vacancy rate, including seasonal lodging, is about 9.3%.
Average household size is 2.47 people.
The majority of houses, apartments or condos in Three Rivers were built after 1947.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 16.30% |
| Two Bedrooms | 31.10% |
| Three Bedrooms | 34.80% |
| Four Bedrooms | 13.20% |
| Five Bedrooms or more | 4.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.55 |
| Median year structure was built | 1942 |
| Median Value of occupied units | $63,400 |
| Median Price asked for vacant units | $56,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.32 |
| Median year structure was built | 1964 |
| Median Monthly Rent asked for vacant units | $437 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.80% |
| Home Equity Loan | 6% |
| Simple Mortgage | 57% |
| Debt Free | 32.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.2% |
