Rochester, MI Real Estate
According to census data in the year 2000 there were 5,056 housing units in Rochester.
This represents a 37.4% growth from 3,680 in 1990.
Of those housing units, 5,056 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Rochester is about 64.2%.
Rochester's vacancy rate, including seasonal lodging, is about 7.7%.
Average household size is 2.22 people.
The majority of houses, apartments or condos in Rochester were built after 1971.
|Housing Units by Size|
|Five Bedrooms or more||2%|
Owned Homes, Apartments and Condos
|Average Household Size||2.65|
|Median year structure was built||1976|
|Median Value of occupied units||$260,700|
|Median Price asked for vacant units||$347,600|
Rented Homes, Apartments and Condos
|Average Household Size||1.45|
|Median year structure was built||1969|
|Median Monthly Rent asked for vacant units||$615|
Owners Finance Status
|Second Mortgage & Equity Loan||0.60%|
|Home Equity Loan||10.30%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.4%|