Livonia, MI Real Estate
According to census data in the year 2000 there were 38,658 housing units in Livonia.
This represents a 5.5% growth from 36,641 in 1990.
Of those housing units, 38,658 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Livonia is about 88.8%.
Livonia's vacancy rate, including seasonal lodging, is about 1.5%.
Average household size is 2.59 people.
The majority of houses, apartments or condos in Livonia were built after 1963.
|Housing Units by Size|
|Five Bedrooms or more||2.10%|
Owned Homes, Apartments and Condos
|Average Household Size||2.69|
|Median year structure was built||1962|
|Median Value of occupied units||$161,800|
|Median Price asked for vacant units||$153,800|
Rented Homes, Apartments and Condos
|Average Household Size||1.82|
|Median year structure was built||1974|
|Median Monthly Rent asked for vacant units||$725|
Owners Finance Status
|Second Mortgage & Equity Loan||0.20%|
|Home Equity Loan||12.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.5%|