Riga township Michigan Area Home Supply Charts

This page looks at a variety of Riga township Michigan housing market data taken from the most recent 2019 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. Riga township shows it has a housing units of 524 which is the third most housing units of all other places in the greater Riga township region.

Figure 2 illustrates the housing density in the Riga township housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Riga township depicts it has a housing density of 12.8 which is the smallest in terms of housing density of all the other places in the surrounding region. The city with the highest housing density in the area is Sylvania which depicts a density of 1,240.4 ( considerably bigger). Comparing housing density to the United States average of 38.6, Riga township is approximately a third the size. Also, measured against the state of Michigan, housing density of 81.3, Riga township is approximately a sixth the size.

In Figure 4, Riga township area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Riga township depicts it has a change in the housing units of -5.6% which is the second smallest when ranked by change in the housing units of all the other places in the greater region. The city with the highest change in the housing units in the area is Metamora which depicts a housing units of 22.2% (approximately 4.0 times bigger). Comparing change in the housing units to the United States average of 4.9%, Riga township is 14.5% larger. Also, benchmarked against the state of Michigan, change in the housing units of 1.1%, Riga township is considerably bigger.

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.) Riga township shows it has a renter percent of 10.3% which is the smallest in terms of renter percent of all the other places in the surrounding region. Figure 6 illustrates the total number of housing units that are occupied by owners. it has an owner percent of 89.7% which is more than all other places in the greater Riga township region.

Riga township Michigan Home Cost Charts

Looking at the housing data provided in Figure 7, the average Riga township home price is illustrated for this community and a useful analysis of affordable housing. Riga township depicts it has a median home price of $131,100 which is the third most median home prices of all other places in the greater Riga township region. The city with the highest median home price in the area is Sylvania which shows a home price of $169,700 (29.4% larger). Figure 8 provides aggregate comparative data for the Riga township Michigan metro area in terms of the median housing rental rate, apartment rent, etc. Riga township shows it has a rental rates of $978 which is more than all other places in the greater Riga township region. Comparing rental rates to the United States average of $1,023, Riga township is only about 4.6% smaller. Also, measured against the state of Michigan, rental rates of $850, Riga township is 15.1% larger.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Riga township has the percentage of home price worth less than $50,000 less than most other places in the greater region at 5% 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. Riga township shows it has a median ownership cost of $948 which is less than most other places in the metropolitan area. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Riga township metro area. it has a cost as a percent of household income of 19% which is the second most cost as a percent of household income of all the places in the greater Riga township region. 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. Riga township shows it has a median home value as a percent of median worker earnings of 260% which is the third most median home value as a percent of median worker earnings of all other places in the greater Riga township 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.) Riga township shows it has a median housing cost of $1,350 which is the second most median housing cost of all the places in the greater Riga township 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 housing cost of $534 which is the third most median housing cost of all other places in the greater Riga township 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. Riga township has the percentage of owner cost less than $300 in the center range of other places in the local area at 4% of the total. Second, it has the largest proportion of owner cost between $2,000 and $2,500 at 6% of the total and is ranked #1.

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.) Riga township shows it has a cost as a percent of household income of 22% which is the second most of all the places in the area. The city with the highest cost as a percent of household income in the area is Blissfield which indicates a cost as a percent of household income of 23% (6.4% 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. Riga township shows it has a cost as a percent of household income of 16% which is the second most of all the places in the metro area. The city with the highest cost as a percent of household income in the area is Jasper CDP which depicts a cost as a percent of household income of 20% (27.4% 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.) Riga township has the largest proportion of rent as a percent of income is between 10pct to 20pct at 48% of the total and is ranked #1. Second, it has one of the largest proportions of rent as a percent of income is between 20pct to 30pct at 27% of the total and is ranked #3. Only #2 Metamora (29%), and #1 Blissfield (31%) are larger. Third, it has one of the largest proportions of rent as a percent of income is between 40pct to 50pct at 6% of the total and is ranked #3. Only #2 Blissfield (15%), and #1 Metamora (23%) are larger.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Riga township has the largest proportion of housing cost between $2,000 and $2,500 at 6% of the total and is ranked #1.

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 $1,641 which is the second smallest in terms of median real estate taxes paid of all the other places in the surrounding region. The city with the highest median real estate taxes paid in the area is Sylvania which shows a taxes paid of $3,785 (approximately 2.3 times bigger). Comparing median real estate taxes paid to the United States average of $2,375, Riga township is approximately three-fourths the size. Also, versus the state of Michigan, median real estate taxes paid of $2,312, Riga township is approximately three-fourths the size.

Figure 22 shows the percentage of renters who pay for utilities in Riga township Michigan. This is calculated as the percent of renters who pay separately for utilities versus the people who have utilities included as part of amenities. Riga township has the largest proportion of pay extra for utilities at 100% of the total and is ranked #1.

Figure 23 shows the rental rate distribution for this area. Riga township Michigan has the largest proportion of rent between 750 and 1000 dollars at 46% of the total and is ranked #1. Second, it has one of the largest proportions of rent between 1000 and 1500 dollars at 29% of the total and is ranked #3. Only #2 Metamora (30%), and #1 Berkey (36%) are larger.

Riga township Michigan Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Riga township has the percentage of with mortgage the second smallest as measured by with mortgage of all the other places in the local area at 57% of the total. Second, it has the second smallest when sorted by with mortgage of all the other places in the surrounding region when ranked by no 2nd mortgage and no heloc at 44% of the total. Third, it has one of the largest proportions of no mortgage at 43% of the total and is ranked #2. The only larger city being Berkey with 44%.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Riga township has the percentage of houses with mortgages the second smallest when sorted by houses with a mortgage of all the other places in the local area at 57% of the total. Second, it has one of the largest proportions of houses without mortgages at 43% of the total and is ranked #2. The only larger city being Berkey with 44%.

Riga township Michigan Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a family members per housing unit of 2.9 which is the second smallest when ranked by family members per housing unit of all the other places in the metro area. The city with the highest family members per housing unit in the area is Jasper CDP which shows a family members per housing unit of 4.5 (55.2% larger). Comparing family members per housing unit to the United States average of 3.3, Riga township is about 15.8% smaller. Also, compared to the state of Michigan, family members per housing unit of 3.2, Riga township is about 10.3% smaller.

Figure 29 show the median number of rooms in a typical home for each location in this area. it has an average number of rooms in a house of 7.4 which is the highest of all places in the greater Riga township region.

Figure 31 looks at the distribution of housing units by the median age that the homes were built. has the percentage of homes built between 1960 to 1969 the second smallest when sorted by homes built in 2014 or later of all the other places in the greater region at 7% of the total. Second, it has the smallest proportion of homes built between 1950 to 1959 at 5% of the total. Third, it has one of the largest proportions of homes built between 1940 to 1949 at 10% of the total and is ranked #3. Only #2 Jasper CDP (11%), and #1 Deerfield (11%) are larger. Also, it has the largest proportion of homes built between 1939 or earlier at 56% of the total and is ranked #1.

Figure 32 shows the difference in the number of housing units based on whether they are occupied by owners versus occupied by renters. it has one of the largest proportions of owner housing units at 418 of the total and is ranked #3. Only #2 Blissfield (1,070), and #1 Sylvania (5,453) are larger. Second, it has less than most other places in the surrounding region in order of renter housing units at 48 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 one unit detached at 98% of the total and is ranked #1. Second, it has in the mid point range of other places in the local area in terms of mobile home at 0% of the total.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. it has one of the largest proportions of value of homes built 2000 to 2009 at $212,500 of the total and is ranked #2. The only larger city being Deerfield with $247,200. Second, it has the largest proportion of value of homes built 1990 to 1999 at $442,900 of the total and is ranked #1. Third, it has one of the largest proportions of value of homes built 1980 to 1989 at $140,600 of the total and is ranked #3. Only #2 Sylvania ($212,700), and #1 Berkey ($275,000) are larger. Also, it has one of the largest proportions of value of homes built 1970 to 1979 at $144,200 of the total and is ranked #3. Only #2 Berkey ($160,900), and #1 Sylvania ($162,000) are larger. In addition, it has the largest proportion of value of homes built 1960 to 1969 at $183,300 of the total and is ranked #1. Furthermore, it has the second smallest when ranked by value of homes built 2014 or later of all the other places in the local area when sorted by value of homes built 1950 to 1959 at $86,700 of the total. Next it has one of the largest proportions of value of homes built 1940 to 1949 at $94,300 of the total and is ranked #3. Only #2 Deerfield ($116,300), and #1 Sylvania ($127,400) are larger. Additionally, it has one of the largest proportions of value of homes built 1939 or earlier at $128,500 of the total and is ranked #2. The only larger city being Sylvania with $138,600.

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 89% of the total. Second, it has the largest proportion of vacant housing units at 11% of the total and is ranked #1.

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 Riga township residents. it has a homeowner household size of 2.3 which is less than most other places in the greater region. The city with the highest homeowner household size in the area is Jasper CDP which shows a homeowner household size of 3.2 (39.1% larger).

Figure 37 shows the household size for renters. Riga township depicts it has a renter household size of 2.1 which is less than most other places in the greater region. The city with the highest renter household size in the area is Jasper CDP which depicts a renter household sizes of 3.3 (58.7% larger). Figure 38 shows the year that people who own homes moved into this region. has the percentage of owners moved in 2015 to 2016 the second smallest in terms of owners moved in 2017 or later of all the other places in the local area at 1% of the total. Second, it has the smallest proportion of owners moved in 2010 to 2014 at 7% of the total. Third, it has the largest proportion of owners moved in 2000 to 2009 at 33% of the total and is ranked #1. Also, it has less than most other places in the greater region in terms of owners moved in 1990 to 1999 at 16% of the total. In addition, it has the largest proportion of owners moved in 1989 or earlier at 40% of the total and is ranked #1. Figure 39 shows the year that people who rent moved into the area. Riga township has the largest proportion of renters moved in 2017 or later at 20% of the total and is ranked #1. Second, it has the second smallest as measured by renters moved in 2017 or later of all the other places in the local area as measured by renters moved in 2015 to 2016 at 19% of the total.

Figure 40 compares the median year that home owners moved into their home. it has a median year that a home owner moved in of 1992 which is the smallest in order of median year that a home owner moved in of all the other places in the metro area. Figure 41 compares the median year that renters moved into their home. Riga township depicts it has a median year that a renter moved in of 2013 which is the third most median year that a renter moved in of all other places in the greater Riga township region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. has the percentage of homes using natural gas the second smallest in order of homes using natural gas of all the other places in the area at 28% of the total. Second, it has one of the largest proportions of home using bottled, tank, or lp gas at 56% of the total and is ranked #2. The only larger city being Berkey with 68%. Third, it has the largest proportion of homes using coal or coke at 1% of the total and is ranked #1. Also, it has the largest proportion of homes using wood at 8% of the total and is ranked #1. In addition, it has one of the largest proportions of homes using some other fuel at 1% of the total and is ranked #2. The only larger city being Berkey with 2%.