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Edgemont Park, MI Real Estate


According to census data in the year 2000 there were 1,102 housing units in Edgemont Park. This represents a 1.4% decline from 1,118 in 1990.

Of those housing units, 1,102 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Edgemont Park is about 71.9%. Edgemont Park's vacancy rate, including seasonal lodging, is about 3.3%. Average household size is 2.21 people.

The majority of houses, apartments or condos in Edgemont Park were built after 1958.

Statistics

Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom9.50%
Two Bedrooms27%
Three Bedrooms50.80%
Four Bedrooms10.70%
Five Bedrooms or more1.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.31
Median year structure was built1957
Median Value of occupied units$95,800
Median Price asked for vacant units$94,600

Rented Homes, Apartments and Condos

Average Household Size1.96
Median year structure was built1964

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.60%
Home Equity Loan4.40%
Simple Mortgage56.60%
Debt Free33.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.2%