Hillsdale, MI Real Estate
According to census data in the year 2000 there were 3,308 housing units in Hillsdale.
This represents a 4.2% growth from 3,175 in 1990.
Of those housing units, 3,123 were located in either urbanized areas or urban clusters, and 185 were located in what is classified as a rural area.
Homeownership rate in Hillsdale is about 57.1%.
Hillsdale's vacancy rate, including seasonal lodging, is about 6.4%.
Average household size is 2.32 people.
The majority of houses, apartments or condos in Hillsdale were built after 1951.
|Housing Units by Size|
|Five Bedrooms or more||3.90%|
Owned Homes, Apartments and Condos
|Average Household Size||2.58|
|Median year structure was built||1944|
|Median Value of occupied units||$71,800|
|Median Price asked for vacant units||$63,800|
Rented Homes, Apartments and Condos
|Average Household Size||1.99|
|Median year structure was built||1969|
|Median Monthly Rent asked for vacant units||$361|
Owners Finance Status
|Second Mortgage & Equity Loan||0.50%|
|Home Equity Loan||5.80%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.7%|