Burton, MI Real Estate
According to census data in the year 2000 there were 12,348 housing units in Burton.
This represents a 13.9% growth from 10,840 in 1990.
Of those housing units, 12,348 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Burton is about 80.7%.
Burton's vacancy rate, including seasonal lodging, is about 5.3%.
Average household size is 2.58 people.
The majority of houses, apartments or condos in Burton were built after 1960.
|Housing Units by Size|
|Five Bedrooms or more||1.60%|
Owned Homes, Apartments and Condos
|Average Household Size||2.65|
|Median year structure was built||1959|
|Median Value of occupied units||$84,500|
|Median Price asked for vacant units||$83,900|
Rented Homes, Apartments and Condos
|Average Household Size||2.3|
|Median year structure was built||1968|
|Median Monthly Rent asked for vacant units||$407|
Owners Finance Status
|Second Mortgage & Equity Loan||0.10%|
|Home Equity Loan||7.70%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.1%|