Waterford, MI Real Estate
According to census data in the year 2000 there were 30,383 housing units in Waterford.
This represents a 14.6% growth from 26,509 in 1990.
Of those housing units, 30,383 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Waterford is about 76.2%.
Waterford's vacancy rate, including seasonal lodging, is about 3.3%.
Average household size is 2.42 people.
The majority of houses, apartments or condos in Waterford were built after 1967.
|Housing Units by Size|
|Five Bedrooms or more||1.60%|
Owned Homes, Apartments and Condos
|Average Household Size||2.61|
|Median year structure was built||1964|
|Median Value of occupied units||$144,400|
|Median Price asked for vacant units||$161,700|
Rented Homes, Apartments and Condos
|Average Household Size||1.82|
|Median year structure was built||1974|
|Median Monthly Rent asked for vacant units||$619|
Owners Finance Status
|Second Mortgage & Equity Loan||0.20%|
|Home Equity Loan||12.90%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18.6%|