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Roosevelt Park, MI Real Estate


According to census data in the year 2000 there were 1,896 housing units in Roosevelt Park. This represents a 3.2% growth from 1,838 in 1990.

Of those housing units, 1,896 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Roosevelt Park is about 62.7%. Roosevelt Park's vacancy rate, including seasonal lodging, is about 6.5%. Average household size is 2.16 people.

The majority of houses, apartments or condos in Roosevelt Park were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type2.20%
One Bedroom10.70%
Two Bedrooms35.10%
Three Bedrooms40.40%
Four Bedrooms10.70%
Five Bedrooms or more0.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.46
Median year structure was built1960
Median Value of occupied units$95,500
Median Price asked for vacant units$75,000

Rented Homes, Apartments and Condos

Average Household Size1.65
Median year structure was built1970
Median Monthly Rent asked for vacant units$617

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.20%
Home Equity Loan6.40%
Simple Mortgage47.50%
Debt Free41.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.7%