Hamtramck, MI Real Estate
According to census data in the year 2000 there were 8,894 housing units in Hamtramck.
This represents a 2.2% growth from 8,701 in 1990.
Of those housing units, 8,894 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Hamtramck is about 50%.
Hamtramck's vacancy rate, including seasonal lodging, is about 9.7%.
Average household size is 2.74 people.
The majority of houses, apartments or condos in Hamtramck were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 12.70% |
| Two Bedrooms | 45.10% |
| Three Bedrooms | 26.50% |
| Four Bedrooms | 10.40% |
| Five Bedrooms or more | 4% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.75 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $71,200 |
| Median Price asked for vacant units | $57,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.72 |
| Median year structure was built | 1941 |
| Median Monthly Rent asked for vacant units | $409 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.10% |
| Home Equity Loan | 2.50% |
| Simple Mortgage | 37.20% |
| Debt Free | 58.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.3% |
