Pontiac, MI Real Estate
According to census data in the year 2000 there were 26,336 housing units in Pontiac.
This represents a 1% decline from 26,593 in 1990.
Of those housing units, 26,336 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Pontiac is about 52.8%.
Pontiac's vacancy rate, including seasonal lodging, is about 8%.
Average household size is 2.68 people.
The majority of houses, apartments or condos in Pontiac were built after 1957.
|Housing Units by Size|
|Five Bedrooms or more||1.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.81|
|Median year structure was built||1953|
|Median Value of occupied units||$74,300|
|Median Price asked for vacant units||$66,800|
Rented Homes, Apartments and Condos
|Average Household Size||2.53|
|Median year structure was built||1964|
|Median Monthly Rent asked for vacant units||$483|
Owners Finance Status
|Second Mortgage & Equity Loan||0.50%|
|Home Equity Loan||7.90%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.2%|