Birmingham, MI Real Estate
According to census data in the year 2000 there were 9,725 housing units in Birmingham.
This represents a 0.4% decline from 9,764 in 1990.
Of those housing units, 9,725 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Birmingham is about 75.8%.
Birmingham's vacancy rate, including seasonal lodging, is about 5.8%.
Average household size is 2.12 people.
The majority of houses, apartments or condos in Birmingham were built after 1953.
|Housing Units by Size|
|Five Bedrooms or more||4.70%|
Owned Homes, Apartments and Condos
|Average Household Size||2.27|
|Median year structure was built||1952|
|Median Value of occupied units||$318,000|
|Median Price asked for vacant units||$555,600|
Rented Homes, Apartments and Condos
|Average Household Size||1.64|
|Median year structure was built||1959|
|Median Monthly Rent asked for vacant units||$1,029|
Owners Finance Status
|Second Mortgage & Equity Loan||0.10%|
|Home Equity Loan||12.20%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.7%|