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Trowbridge Park, MI Real Estate


According to census data in the year 2000 there were 813 housing units in Trowbridge Park. This represents a 28.8% growth from 631 in 1990.

Of those housing units, 813 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Trowbridge Park is about 81.8%. Trowbridge Park's vacancy rate, including seasonal lodging, is about 4.2%. Average household size is 2.58 people.

The majority of houses, apartments or condos in Trowbridge Park were built after 1972.

Statistics

Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom9.70%
Two Bedrooms24.70%
Three Bedrooms55.10%
Four Bedrooms7.30%
Five Bedrooms or more2.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.63
Median year structure was built1971
Median Value of occupied units$85,400
Median Price asked for vacant units$78,000

Rented Homes, Apartments and Condos

Average Household Size2.35
Median year structure was built1980

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1%
Second Mortgage4.30%
Home Equity Loan18%
Simple Mortgage43.80%
Debt Free32.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.8%