Romulus, MI Real Estate
According to census data in the year 2000 there were 8,943 housing units in Romulus.
This represents a 8.8% growth from 8,223 in 1990.
Of those housing units, 8,684 were located in either urbanized areas or urban clusters, and 259 were located in what is classified as a rural area.
Homeownership rate in Romulus is about 70.5%.
Romulus's vacancy rate, including seasonal lodging, is about 5.6%.
Average household size is 2.7 people.
The majority of houses, apartments or condos in Romulus were built after 1968.
|Housing Units by Size|
|Five Bedrooms or more||0.90%|
Owned Homes, Apartments and Condos
|Average Household Size||2.74|
|Median year structure was built||1969|
|Median Value of occupied units||$97,300|
|Median Price asked for vacant units||$102,600|
Rented Homes, Apartments and Condos
|Average Household Size||2.6|
|Median year structure was built||1968|
|Median Monthly Rent asked for vacant units||$476|
Owners Finance Status
|Second Mortgage & Equity Loan||0.50%|
|Home Equity Loan||10.40%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.6%|