Eaton County Area Home Supply Charts

This page looks at a variety of Eaton County Michigan housing market data taken from the most recent 2022 American Community Survey census data. Housing units are structures such as a single family home, apartment community, mobile home park, public housing, etc. where a person or family live and live separately from other residents of the building. Figure 1 shows the total number of housing units for each city. Eaton County shows it has a Housing Units of 47,475 which is in the mid point range of other counties in the metropolitan area.

Figure 2 illustrates the housing density in the Eaton County housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Eaton County depicts it has a Housing Density of 82.5 which is in the middle range of other counties in the area. The county with the highest housing density in the area is Ingham County which depicts a density of 224.7 (approximately 2.7 times bigger). Comparing housing density to the United States average of 39.5, Eaton County is about twice as large. Also, versus the state of Michigan, housing density of 81.0, Eaton County is only slightly larger.

In Figure 4, Eaton County area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Eaton County depicts it has a Housing Unit Change of 0.9% which is in the center range of other counties in the local area. The county with the highest change in the housing units in the area is Clinton County which depicts a housing units of 6.3% ( considerably bigger). Comparing change in the housing units to the United States average of 7.4%, Eaton County is approximately an eigth the size. Also, in contrast to the state of Michigan, change in the housing units of 0.8%, Eaton County is 19.5% larger.

Figure 5 shows the percentage of rental property based on that they are occupied by renters as a percent of the total number of households in the community (including homes, apartments, etc.) Eaton County depicts it has a Renter Percent of 26.7% which is the third most of all other counties in the local area. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 73.3% which is less than most other counties in the local area.

Eaton County Home Cost Charts

Looking at the housing data provided in Figure 7, the average Eaton County home price is illustrated for this community and a useful analysis of affordable housing. Eaton County depicts it has a Median Home Value of $169,600 which is the third most of all other counties in the greater region. The county with the highest median home price in the area is Clinton County which shows a home price of $197,400 (16.4% larger). Figure 8 provides aggregate comparative data for the Eaton County Michigan metro area in terms of the median housing rental rate, apartment rent, etc. Eaton County depicts it has a Median Gross Rent of $924 which is the third most rental rates of all other counties in the greater Eaton County region. The county with the highest rental rates in the area is Ingham County which shows a rental rates of $949 (only about 2.7% larger). Comparing rental rates to the United States average of $1,163, Eaton County is approximately three-fourths the size. Also, in comparison with the state of Michigan, rental rates of $946, Eaton County is only about 2.4% smaller.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Eaton County has the percentage of home price worth less than $50,000 less than most other counties in the greater region at 11% of the total. Second, it has the largest proportion of home price worth between $50,000 to $100,000 at 45% of the total and is ranked #1. Third, it has the smallest proportion of home price worth between $500,000 to $750,000 at 0% of the total.

Median owner costs for the real estate market are shown in Figure 10 and include the costs associated with any mortgage, utility expenses, insurance, and other miscellaneous costs. Eaton County shows it has a Median Owner Cost of $1,063 which is the second most of all the counties in the greater region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Eaton County metro area. it has a Owner Cost as % of HH Income of 16% which is less than most other counties in the local area.

The next chart, Figure 12, provides a comparison chart of the median home cost as a percent of a median worker take home earnings and is thus a valuable measure of affordable housing. Eaton County shows it has a Median Home Value as Percent of Median Earnings of 327% which is the third most median home value as a percent of median worker earnings of all other counties in the greater Eaton County region.

Figure 14 depicts the median cost of housing for owners with also have a mortgages (versus those who do not have a mortgage because mortgage cost is included.) Eaton County depicts it has a Median Owner Costs-With Mortgage of $1,369 which is the third most median housing cost of all other counties in the greater Eaton County region. Figure 15 is a chart that shows the median housing costs for owners who do not have mortgages (and therefore the cost of home ownership does not include mortgage cost.) it has a Median Owner Costs-Without Mortgage of $547 which is the second most of all the counties in the surrounding region.

Figure 16 shows the distribution in total housing cost for owners of property (so not renters.) This cost includes mortgages, lines of credit interest, utilities, taxes, insurance, etc. Eaton County has the smallest proportion of owner cost less than $300 at 8% of the total.

Next shown in Figure 17 is the housing cost as a percent of household income for people who own their homes and have a mortgages (thus the cost of financing the home is included.) Eaton County depicts it has a % of Income Owner Costs-With Mortgage of 18% which is the smallest when sorted by cost as a percent of household income of all the other counties in the local area. The county with the highest cost as a percent of household income in the area is Jackson County which shows a cost as a percent of household income of 20% (7.6% larger). Housing cost as a percent of household income for owners who do not have a mortgage is shown in Figure 18. This analysis can be useful for understanding the affordable housing for home ownership excluding any financing cost in the area shown. Eaton County depicts it has a % of Income Owner Costs-No Mortgage of 10% which is the smallest when sorted by cost as a percent of household income of all the other counties in the local area. The county with the highest cost as a percent of household income in the area is Calhoun County which depicts a cost as a percent of household income of 12% (16.3% larger).

Figure 19 looks at the cost of rent for rental property using the percent of total household income which is a valuable measure of financial health for the area. (The higher the proportion of rent payments to total household income is a sign of greater financial stress. Also, rent can be covered by rent assistance and rent assistance programs in the form of rent assistance.) Eaton County has one of the largest proportions of rent as a percent of income is less than 10 pct at 30% of the total and is ranked #2. The only larger county being Ionia County with 31%. Second, it has the largest proportion of rent as a percent of income is between 10pct to 20pct at 26% of the total and is ranked #1. Third, it has the second smallest in terms of rent as a percent of income is less than 10 pct of all the other counties in the local area when sorted by rent as a percent of income is between 40pct to 50pct at 17% of the total.

Figure 21 shows median amount of real estate taxes paid for home owners in the region. it has a Median Real Estate Taxes Paid of $2,705 which is the third most median real estate taxes paid of all other counties in the greater Eaton County region. The county with the highest median real estate taxes paid in the area is Ingham County which shows a taxes paid of $3,084 (14.0% larger). Comparing median real estate taxes paid to the United States average of $2,690, Eaton County is about the same size. Also, benchmarked against the state of Michigan, median real estate taxes paid of $2,551, Eaton County is 6.0% larger.

Figure 23 shows the rental rate distribution for this area. Eaton County Michigan has one of the largest proportions of rent between 750 and 1000 dollars at 33% of the total and is ranked #2. The only larger county being Barry County with 37%. Second, it has the largest proportion of rent between $2,500 and $3,500 at 1% of the total and is ranked #1.

Eaton County Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Eaton County has the largest proportion of With mortgage at 58% of the total and is ranked #1. Second, it has the smallest proportion of With HELOC no Primary Mortgage at 34% of the total.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Eaton County has the smallest proportion of houses with mortgages at 34% of the total.

Eaton County Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 3.0 which is the smallest when sorted by family members per housing unit of all the other counties in the greater region. The county with the highest family members per housing unit in the area is Ionia County which depicts a family members per housing unit of 3.4 (13.6% larger). Comparing family members per housing unit to the United States average of 3.3, Eaton County is about 9.7% smaller. Also, in contrast to the state of Michigan, family members per housing unit of 3.2, Eaton County is about 5.6% smaller.

Figure 29 show the median number of rooms in a typical home for each location in this area. it has a Median Number of Rooms of 6.1 which is the third most of all other counties in the metro area. The county with the highest average number of rooms in a house in the area is Clinton County which shows an average number of rooms in a house of 6.5 (6.6% larger). Figure 30 shows, for the average house in each location, the median year that a house was built. This can be useful for understanding the relative age of one neighborhood versus another for a real estate investor. it has a Median Year Built of 1976 which is the second most of all the counties in the metro area. The county with the highest year built in the area is Clinton County which depicts a year built of 1980 ( about the same size).

Figure 31 looks at the distribution of housing units by the median age that the homes were built. it has the largest proportion of homes built between 1990 to 1999 at 13% of the total and is ranked #1. Second, it has the largest proportion of homes built between 1980 to 1989 at 21% of the total and is ranked #1. Third, it has the smallest proportion of homes built between 1960 to 1969 at 7% of the total. Also, it has the second smallest when ranked by homes built in 2020 or later of all the other counties in the metro area when ranked by homes built between 1940 to 1949 at 16% of the total.

Figure 32 shows the difference in the number of housing units based on whether they are occupied by owners versus occupied by renters. has the percentage of owner housing units in the mid range of other counties in the local area at 11,972 of the total.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. it has the largest proportion of mobile home at 0% of the total and is ranked #1.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. has the percentage of value of homes built 2014 or later in the center range of other counties in the greater region at $316,600 of the total. Second, it has one of the largest proportions of value of homes built 2010 to 2013 at $235,400 of the total and is ranked #3. Only #2 Barry County ($248,000), and #1 Clinton County ($277,900) are larger. Third, it has one of the largest proportions of value of homes built 2000 to 2009 at $204,800 of the total and is ranked #3. Only #2 Ingham County ($246,900), and #1 Clinton County ($248,800) are larger. Also, it has one of the largest proportions of value of homes built 1990 to 1999 at $170,900 of the total and is ranked #3. Only #2 Ingham County ($191,100), and #1 Clinton County ($201,000) are larger. In addition, it has one of the largest proportions of value of homes built 1980 to 1989 at $167,700 of the total and is ranked #3. Only #2 Clinton County ($189,600), and #1 Barry County ($193,700) are larger. Furthermore, it has one of the largest proportions of value of homes built 1970 to 1979 at $163,600 of the total and is ranked #2. The only larger county being Clinton County with $164,600. Next it has one of the largest proportions of value of homes built 1960 to 1969 at $128,900 of the total and is ranked #3. Only #2 Clinton County ($137,800), and #1 Barry County ($158,100) are larger. Additionally, it has one of the largest proportions of value of homes built 1950 to 1959 at $124,300 of the total and is ranked #3. Only #2 Ionia County ($127,500), and #1 Barry County ($143,000) are larger. And then, it has one of the largest proportions of value of homes built 1940 to 1949 at $132,000 of the total and is ranked #3. Only #2 Barry County ($144,600), and #1 Clinton County ($153,700) are larger.

Figure 35 compares the total number of occupied housing units to vacant housing units. This analysis can be used to understand any housing shortage in the community. has the smallest proportion of occupied housing units at 5% of the total.

The next two charts show both the average household size of homeowners versus the average household size of renters. Starting with Figure 36 we see the household size of homeowners for Eaton County residents. it has a Owner-Household Size of 2.5 which is the second smallest in order of homeowner household size of all the other counties in the surrounding region. The county with the highest homeowner household size in the area is Ionia County which indicates a homeowner household size of 2.9 (13.8% larger).

Figure 37 shows the household size for renters. Eaton County depicts it has a Renter-Household Size of 2.0 which is the smallest when sorted by renter household size of all the other counties in the greater region. The county with the highest renter household size in the area is Barry County which shows a renter household sizes of 2.4 (20.3% larger). Figure 38 shows the year that people who own homes moved into this region. has the smallest proportion of owners moved in 2019 or later at 20% of the total. Second, it has the largest proportion of owners moved in 2015 to 2018 at 20% of the total and is ranked #1. Figure 39 shows the year that people who rent moved into the area. Eaton County has one of the largest proportions of renters moved in 2019 or later at 54% of the total and is ranked #3. Only #2 Ingham County (54%), and #1 Clinton County (57%) are larger. Second, it has the smallest proportion of renters moved in 2010 to 2014 at 6% of the total.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 2006 which is the third most of all other counties in the metro area. Figure 41 compares the median year that renters moved into their home. Eaton County shows it has a Renter Median Year Moved In of 2017 which is the highest of all counties in the local area.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. it has one of the largest proportions of home using bottled, tank, or lp gas at 14% of the total and is ranked #2. The only larger county being Ingham County with 17%. Second, it has less than most other counties in the metropolitan area when sorted by homes using solar energy at 1% of the total.

The next two charts show the number of people living in group quarters and includes temporary as well permanent housing which may be run by the Eaton County housing department, Michigan department, or other housing authority or public housing agency. beginning with Figure 43 which shows the total number of people. Eaton County depicts it has a Total In Group Quarters of 1,761 which is less than most other counties in the surrounding region.