Pleasant Ridge, MI Real Estate
According to census data in the year 2000 there were 1,129 housing units in Pleasant Ridge.
This represents a 4.1% growth from 1,085 in 1990.
Of those housing units, 1,129 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Pleasant Ridge is about 94.2%.
Pleasant Ridge's vacancy rate, including seasonal lodging, is about 1.7%.
Average household size is 2.33 people.
The majority of houses, apartments or condos in Pleasant Ridge were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 1.20% |
| Two Bedrooms | 16.60% |
| Three Bedrooms | 50.30% |
| Four Bedrooms | 26.70% |
| Five Bedrooms or more | 5.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $223,800 |
| Median Price asked for vacant units | $112,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.2 |
| Median year structure was built | 1946 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.80% |
| Second Mortgage | 3.90% |
| Home Equity Loan | 12.60% |
| Simple Mortgage | 61.30% |
| Debt Free | 21.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.2% |
