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Lincoln Park, MI Real Estate


According to census data in the year 2000 there were 16,821 housing units in Lincoln Park. This represents a 0.3% growth from 16,763 in 1990.

Of those housing units, 16,821 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Lincoln Park is about 79.1%. Lincoln Park's vacancy rate, including seasonal lodging, is about 3.7%. Average household size is 2.46 people.

The majority of houses, apartments or condos in Lincoln Park were built after 1953.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom11%
Two Bedrooms28.80%
Three Bedrooms51.50%
Four Bedrooms6.60%
Five Bedrooms or more1.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.57
Median year structure was built1953
Median Value of occupied units$84,100
Median Price asked for vacant units$91,000

Rented Homes, Apartments and Condos

Average Household Size2.06
Median year structure was built1958
Median Monthly Rent asked for vacant units$478

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage5%
Home Equity Loan8.70%
Simple Mortgage52.70%
Debt Free33.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.9%