Warren, MI Real Estate
According to census data in the year 2000 there were 57,273 housing units in Warren.
This represents a 1.9% growth from 56,189 in 1990.
Of those housing units, 57,273 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Warren is about 80.3%.
Warren's vacancy rate, including seasonal lodging, is about 3%.
Average household size is 2.46 people.
The majority of houses, apartments or condos in Warren were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 9.60% |
| Two Bedrooms | 23.60% |
| Three Bedrooms | 55.40% |
| Four Bedrooms | 8.90% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.54 |
| Median year structure was built | 1963 |
| Median Value of occupied units | $117,800 |
| Median Price asked for vacant units | $100,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.15 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $545 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 3.90% |
| Home Equity Loan | 9.40% |
| Simple Mortgage | 50.30% |
| Debt Free | 36.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.8% |
