Trenton, MI Real Estate
According to census data in the year 2000 there were 8,345 housing units in Trenton.
This represents a 3.3% growth from 8,079 in 1990.
Of those housing units, 8,345 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Trenton is about 80.8%.
Trenton's vacancy rate, including seasonal lodging, is about 2.5%.
Average household size is 2.38 people.
The majority of houses, apartments or condos in Trenton were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 8.70% |
| Two Bedrooms | 22.90% |
| Three Bedrooms | 53.60% |
| Four Bedrooms | 12.20% |
| Five Bedrooms or more | 1.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $137,800 |
| Median Price asked for vacant units | $136,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.87 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $509 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.50% |
| Home Equity Loan | 12.50% |
| Simple Mortgage | 45.40% |
| Debt Free | 37.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.5% |
