Trowbridge Park, MI Real Estate
According to census data in the year 2000 there were 813 housing units in Trowbridge Park.
This represents a 28.8% growth from 631 in 1990.
Of those housing units, 813 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Trowbridge Park is about 81.8%.
Trowbridge Park's vacancy rate, including seasonal lodging, is about 4.2%.
Average household size is 2.58 people.
The majority of houses, apartments or condos in Trowbridge Park were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 9.70% |
| Two Bedrooms | 24.70% |
| Three Bedrooms | 55.10% |
| Four Bedrooms | 7.30% |
| Five Bedrooms or more | 2.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.63 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $85,400 |
| Median Price asked for vacant units | $78,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.35 |
| Median year structure was built | 1980 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1% |
| Second Mortgage | 4.30% |
| Home Equity Loan | 18% |
| Simple Mortgage | 43.80% |
| Debt Free | 32.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.8% |
