Grosse Ile, MI Real Estate
According to census data in the year 2000 there were 4,335 housing units in Grosse Ile.
This represents a 19.4% growth from 3,632 in 1990.
Of those housing units, 4,335 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Grosse Ile is about 93.9%.
Grosse Ile's vacancy rate, including seasonal lodging, is about 4.9%.
Average household size is 2.64 people.
The majority of houses, apartments or condos in Grosse Ile were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.10% |
| One Bedroom | 2.60% |
| Two Bedrooms | 16.40% |
| Three Bedrooms | 46.30% |
| Four Bedrooms | 30% |
| Five Bedrooms or more | 4.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.66 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $248,800 |
| Median Price asked for vacant units | $224,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.24 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $575 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.10% |
| Second Mortgage | 4% |
| Home Equity Loan | 16.60% |
| Simple Mortgage | 52% |
| Debt Free | 26.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.5% |
