Rockford, MI Real Estate
According to census data in the year 2000 there were 1,796 housing units in Rockford.
This represents a 25.2% growth from 1,434 in 1990.
Of those housing units, 1,796 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Rockford is about 66.3%.
Rockford's vacancy rate, including seasonal lodging, is about 3.1%.
Average household size is 2.65 people.
The majority of houses, apartments or condos in Rockford were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 15.80% |
| Two Bedrooms | 25.20% |
| Three Bedrooms | 42.50% |
| Four Bedrooms | 13.20% |
| Five Bedrooms or more | 2.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.93 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $116,400 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.1 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $633 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.70% |
| Second Mortgage | 5.20% |
| Home Equity Loan | 10.20% |
| Simple Mortgage | 64.40% |
| Debt Free | 19.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.2% |
