Grand Blanc, MI Real Estate
According to census data in the year 2000 there were 3,718 housing units in Grand Blanc.
This represents a 12.7% growth from 3,299 in 1990.
Of those housing units, 3,718 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Grand Blanc is about 59.2%.
Grand Blanc's vacancy rate, including seasonal lodging, is about 4.9%.
Average household size is 2.28 people.
The majority of houses, apartments or condos in Grand Blanc were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 20.30% |
| Two Bedrooms | 26.20% |
| Three Bedrooms | 25.40% |
| Four Bedrooms | 23.90% |
| Five Bedrooms or more | 2.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.62 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $148,500 |
| Median Price asked for vacant units | $121,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.79 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $503 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.40% |
| Home Equity Loan | 10.10% |
| Simple Mortgage | 62.70% |
| Debt Free | 24.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.5% |
