Wixom, MI Real Estate
According to census data in the year 2000 there were 6,086 housing units in Wixom.
This represents a 36% growth from 4,475 in 1990.
Of those housing units, 6,005 were located in either urbanized areas or urban clusters, and 81 were located in what is classified as a rural area.
Homeownership rate in Wixom is about 43.6%.
Wixom's vacancy rate, including seasonal lodging, is about 3.2%.
Average household size is 2.24 people.
The majority of houses, apartments or condos in Wixom were built after 1980.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4% |
| One Bedroom | 34.70% |
| Two Bedrooms | 23.30% |
| Three Bedrooms | 25.30% |
| Four Bedrooms | 11.90% |
| Five Bedrooms or more | 0.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.9 |
| Median year structure was built | 1988 |
| Median Value of occupied units | $195,000 |
| Median Price asked for vacant units | $202,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.73 |
| Median year structure was built | 1978 |
| Median Monthly Rent asked for vacant units | $525 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 3.40% |
| Home Equity Loan | 12.70% |
| Simple Mortgage | 67.90% |
| Debt Free | 15.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.1% |
