Canton, MI Real Estate

According to census data in the year 2000 there were 28,426 housing units in Canton. This represents a 40% growth from 20,309 in 1990.

Of those housing units, 27,996 were located in either urbanized areas or urban clusters, and 430 were located in what is classified as a rural area.

Homeownership rate in Canton is about 79.2%. Canton's vacancy rate, including seasonal lodging, is about 3.3%. Average household size is 2.77 people.

The majority of houses, apartments or condos in Canton were built after 1979.


Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom8.70%
Two Bedrooms22.20%
Three Bedrooms36.10%
Four Bedrooms30.50%
Five Bedrooms or more1.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.95
Median year structure was built1980
Median Value of occupied units$194,100
Median Price asked for vacant units$258,300

Rented Homes, Apartments and Condos

Average Household Size2.11
Median year structure was built1977
Median Monthly Rent asked for vacant units$623

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage6.60%
Home Equity Loan15.40%
Simple Mortgage66.30%
Debt Free11.40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.1%