Allen Park, MI Real Estate
According to census data in the year 2000 there were 12,254 housing units in Allen Park.
This represents a 0.2% growth from 12,233 in 1990.
Of those housing units, 12,254 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Allen Park is about 87.9%.
Allen Park's vacancy rate, including seasonal lodging, is about 2.3%.
Average household size is 2.43 people.
The majority of houses, apartments or condos in Allen Park were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 5.30% |
| Two Bedrooms | 17.10% |
| Three Bedrooms | 67.40% |
| Four Bedrooms | 8.10% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $118,700 |
| Median Price asked for vacant units | $119,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.79 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $802 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 3.60% |
| Home Equity Loan | 10% |
| Simple Mortgage | 44.30% |
| Debt Free | 41.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.7% |
