Highland Park, MI Real Estate
According to census data in the year 2000 there were 7,249 housing units in Highland Park.
This represents a 20.9% decline from 9,162 in 1990.
Of those housing units, 7,249 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Highland Park is about 38.6%.
Highland Park's vacancy rate, including seasonal lodging, is about 14.5%.
Average household size is 2.56 people.
The majority of houses, apartments or condos in Highland Park were built after 1944.
|Housing Units by Size|
|Five Bedrooms or more||4%|
Owned Homes, Apartments and Condos
|Average Household Size||2.83|
|Median year structure was built||1939|
|Median Value of occupied units||$49,800|
|Median Price asked for vacant units||$62,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.39|
|Median year structure was built||1951|
|Median Monthly Rent asked for vacant units||$335|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||7.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||14.2%|