Lathrup Village, MI Real Estate
According to census data in the year 2000 there were 1,647 housing units in Lathrup Village.
This represents a 1.7% growth from 1,619 in 1990.
Of those housing units, 1,647 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lathrup Village is about 98.5%.
Lathrup Village's vacancy rate, including seasonal lodging, is about 1.6%.
Average household size is 2.6 people.
The majority of houses, apartments or condos in Lathrup Village were built after 1957.
|Housing Units by Size|
|Five Bedrooms or more||4.10%|
Owned Homes, Apartments and Condos
|Average Household Size||2.59|
|Median year structure was built||1956|
|Median Value of occupied units||$187,000|
|Median Price asked for vacant units||$184,100|
Rented Homes, Apartments and Condos
|Average Household Size||3.04|
|Median year structure was built||1975|
Owners Finance Status
|Second Mortgage & Equity Loan||0.80%|
|Home Equity Loan||16%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.8%|