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 Size

Housing Units by Size
Studio Type1.60%
One Bedroom15.30%
Two Bedrooms24.90%
Three Bedrooms41.60%
Four Bedrooms14.90%
Five Bedrooms or more1.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.68
Median year structure was built1963
Median Value of occupied units$144,300
Median Price asked for vacant units$37,500

Rented Homes, Apartments and Condos

Average Household Size1.84
Median year structure was built1972
Median Monthly Rent asked for vacant units$662

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage2.70%
Home Equity Loan9.50%
Simple Mortgage50.50%
Debt Free37%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15%