Brighton, MI Real Estate
According to census data in the year 2000 there were 3,206 housing units in Brighton.
This represents a 27.8% growth from 2,509 in 1990.
Of those housing units, 3,206 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Brighton is about 62.4%.
Brighton's vacancy rate, including seasonal lodging, is about 4.3%.
Average household size is 2.17 people.
The majority of houses, apartments or condos in Brighton were built after 1979.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.60% |
| One Bedroom | 15.70% |
| Two Bedrooms | 40.90% |
| Three Bedrooms | 30.20% |
| Four Bedrooms | 8.50% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.42 |
| Median year structure was built | 1984 |
| Median Value of occupied units | $156,400 |
| Median Price asked for vacant units | $267,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.74 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $548 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 4% |
| Home Equity Loan | 12.90% |
| Simple Mortgage | 65.80% |
| Debt Free | 16.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21% |
