Dearborn, MI Real Estate
According to census data in the year 2000 there were 38,981 housing units in Dearborn.
This represents a 5.6% growth from 36,929 in 1990.
Of those housing units, 38,981 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Dearborn is about 73.5%.
Dearborn's vacancy rate, including seasonal lodging, is about 5.7%.
Average household size is 2.65 people.
The majority of houses, apartments or condos in Dearborn were built after 1950.
|Housing Units by Size|
|Five Bedrooms or more||1.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.77|
|Median year structure was built||1949|
|Median Value of occupied units||$129,300|
|Median Price asked for vacant units||$133,500|
Rented Homes, Apartments and Condos
|Average Household Size||2.32|
|Median year structure was built||1953|
|Median Monthly Rent asked for vacant units||$618|
Owners Finance Status
|Second Mortgage & Equity Loan||0.20%|
|Home Equity Loan||8.80%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.5%|