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Benton Harbor, MI Real Estate


According to census data in the year 2000 there were 4,502 housing units in Benton Harbor. This represents a 6% decline from 4,791 in 1990.

Of those housing units, 4,502 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Benton Harbor is about 37.8%. Benton Harbor's vacancy rate, including seasonal lodging, is about 16.1%. Average household size is 2.91 people.

The majority of houses, apartments or condos in Benton Harbor were built after 1952.

Statistics

Housing Size

Housing Units by Size
Studio Type4.40%
One Bedroom17.60%
Two Bedrooms33.70%
Three Bedrooms30.50%
Four Bedrooms9.90%
Five Bedrooms or more3.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.16
Median year structure was built1947
Median Value of occupied units$38,700
Median Price asked for vacant units$18,000

Rented Homes, Apartments and Condos

Average Household Size2.77
Median year structure was built1956
Median Monthly Rent asked for vacant units$341

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.30%
Home Equity Loan7.90%
Simple Mortgage43.70%
Debt Free44%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.1%