Wyandotte, MI Real Estate
According to census data in the year 2000 there were 12,303 housing units in Wyandotte.
This represents a 4% decline from 12,822 in 1990.
Of those housing units, 12,303 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Wyandotte is about 73.1%.
Wyandotte's vacancy rate, including seasonal lodging, is about 4%.
Average household size is 2.36 people.
The majority of houses, apartments or condos in Wyandotte were built after 1948.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3% |
| One Bedroom | 11.30% |
| Two Bedrooms | 28.90% |
| Three Bedrooms | 45.20% |
| Four Bedrooms | 10% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.5 |
| Median year structure was built | 1947 |
| Median Value of occupied units | $101,700 |
| Median Price asked for vacant units | $118,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.99 |
| Median year structure was built | 1953 |
| Median Monthly Rent asked for vacant units | $551 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 5.20% |
| Home Equity Loan | 9.40% |
| Simple Mortgage | 48.50% |
| Debt Free | 36.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.1% |
