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 Units by Size|
|Five Bedrooms or more||1.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.95|
|Median year structure was built||1980|
|Median Value of occupied units||$194,100|
|Median Price asked for vacant units||$258,300|
Rented Homes, Apartments and Condos
|Average Household Size||2.11|
|Median year structure was built||1977|
|Median Monthly Rent asked for vacant units||$623|
Owners Finance Status
|Second Mortgage & Equity Loan||0.20%|
|Home Equity Loan||15.40%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.1%|