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Hamtramck, MI Real Estate


According to census data in the year 2000 there were 8,894 housing units in Hamtramck. This represents a 2.2% growth from 8,701 in 1990.

Of those housing units, 8,894 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Hamtramck is about 50%. Hamtramck's vacancy rate, including seasonal lodging, is about 9.7%. Average household size is 2.74 people.

The majority of houses, apartments or condos in Hamtramck were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom12.70%
Two Bedrooms45.10%
Three Bedrooms26.50%
Four Bedrooms10.40%
Five Bedrooms or more4%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.75
Median year structure was built1939
Median Value of occupied units$71,200
Median Price asked for vacant units$57,500

Rented Homes, Apartments and Condos

Average Household Size2.72
Median year structure was built1941
Median Monthly Rent asked for vacant units$409

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.10%
Home Equity Loan2.50%
Simple Mortgage37.20%
Debt Free58.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.3%