Riverview, MI Real Estate
According to census data in the year 2000 there were 5,532 housing units in Riverview.
This represents a 5.8% growth from 5,227 in 1990.
Of those housing units, 5,532 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Riverview is about 64.5%.
Riverview's vacancy rate, including seasonal lodging, is about 3.3%.
Average household size is 2.38 people.
The majority of houses, apartments or condos in Riverview were built after 1967.
|Housing Units by Size|
|Five Bedrooms or more||1.70%|
Owned Homes, Apartments and Condos
|Average Household Size||2.68|
|Median year structure was built||1963|
|Median Value of occupied units||$144,300|
|Median Price asked for vacant units||$37,500|
Rented Homes, Apartments and Condos
|Average Household Size||1.84|
|Median year structure was built||1972|
|Median Monthly Rent asked for vacant units||$662|
Owners Finance Status
|Second Mortgage & Equity Loan||0.20%|
|Home Equity Loan||9.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15%|