Garden City, MI Real Estate
According to census data in the year 2000 there were 11,719 housing units in Garden City.
This represents a 3% growth from 11,374 in 1990.
Of those housing units, 11,719 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Garden City is about 86.3%.
Garden City's vacancy rate, including seasonal lodging, is about 2%.
Average household size is 2.62 people.
The majority of houses, apartments or condos in Garden City were built after 1956.
|Housing Units by Size|
|Five Bedrooms or more||1%|
Owned Homes, Apartments and Condos
|Average Household Size||2.71|
|Median year structure was built||1955|
|Median Value of occupied units||$110,700|
|Median Price asked for vacant units||$97,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.04|
|Median year structure was built||1964|
|Median Monthly Rent asked for vacant units||$516|
Owners Finance Status
|Second Mortgage & Equity Loan||0.40%|
|Home Equity Loan||12.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.4%|