Detroit, AL Real Estate
According to census data in the year 2000 there were 118 housing units in Detroit.
This represents a 11.3% decline from 133 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 118 were located in what is classified as a rural area.
Homeownership rate in Detroit is about 68.1%.
Detroit's vacancy rate, including seasonal lodging, is about 20.3%.
Average household size is 2.36 people.
The majority of houses, apartments or condos in Detroit were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 5.90% |
| Two Bedrooms | 29.70% |
| Three Bedrooms | 51.70% |
| Four Bedrooms | 12.70% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.41 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $56,700 |
| Median Price asked for vacant units | $22,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.27 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $338 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 17.40% |
| Simple Mortgage | 21.70% |
| Debt Free | 60.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.3% |
