The State of Michigan Area Home Supply Charts

This page looks at a variety of housing data mostly taking from the most recent 2019 American Community Survey. Figure 1 shows the total number of housing units for each city in the local area shown. Michigan shows it has 4,580,940 housing units which is the 3d most of all other states in the area.

Figure 2 illustrates the housing density in the area as measured by houses per square land mile and it has 81.3 housing density which is the 3d most of all other states in the area. The state with the highest housing density in the group is Ohio with a density of 126.8 is 56.0% larger.

The next Figure 4 charge shows the change in housing units and shows the state of shows it has 1.1% change in the housing units which is in the middle of other states in the area. The state with the highest change in the housing units in the group is Indiana with a housing units of 2.7% is approximately 2.5 times bigger.

Figure 5 shows the percentage of renter households to total households. the state of shows it has 29.0% Renter Percent which is less than most other states in the area. Figure 6 shows the number of owner housing units and it has 71.0% Owner Percent which is more than all other statesin the area.

The State of Michigan Home Cost Charts

Looking at the housing data in Figure 7 we start with home values for the area. Michigan indicates it has $146,200 median home value which is the 3d most of all other states in the area. The state with the highest median home value in the group is Illinois with a value of $187,200 is 28.0% larger. Figure 8 shows the median rental rate in the area. the state of shows it has $850 rental rates which is the 2nd most of all the states in the area. The state with the highest rental rates in the group is Illinois with a rate of $984 is 15.8% larger.

Figure 9 is a frequency distribution that shows home values. Michigan has the largest proportion of home values worth less than $50,000 at 13% of the total and is ranked #1.

Median owner costs are shown in Figure 10 and includes costs associated with mortgage, utilities, insurance, etc. the state of shows it has $920 median ownership cost which is in the intermediate range of other states in the area. Figure 11 shows the median owner cost as a percent of total household income and it has 17% cost as a percent of household income which is the 3d most of all other states in the area. The next chart, Figure 12, shows the median home value as a percent of a median workers earnings and shows that it has 308% median home value as a percent of median worker earnings which is in the center of other states in the area.

Figure 14 depicts the median housing costs for owners with mortgages. the state of shows it has $1,279 median housing cost which is the 3d most of all other states in the area. Figure 15 are median housing costs for owners without mortgages and it has $484 median housing cost which is the 3d most of all other states in the area.

Next shown in Figure 17 is housing cost as a percent of household income for owners with mortgages is shown. the state of shows it has 20% cost as a percent of household income which is the 3d most of all other states in the area. The state with the highest cost as a percent of household income in the group is Illinois with a cost of 22% is 10.2% larger. Housing cost as a percent of household income for owners without mortgages is shown in Figure 18. This analysis can be useful for understanding the cost involved in home ownership excluding the cost of a mortgage. the state of shows it has 12% cost as a percent of household income which is the 3d most of all other states in the area. The state with the highest cost as a percent of household income in the group is Illinois with a cost of 13% measures only about 5.7% larger.

Figure 19 looks at the number of households rent as a percent of household income and shows that Michigan has the largest proportion of Rent as a percent of income is over 50pct at 24% of the total and is ranked #1.

Figure 21 shows real estate taxes paid for each city in the local area and it has $2,312 median real estate taxes paid which is the 3d most of all other states in the area. The state with the highest median real estate taxes paid in the group is Illinois with a taxes paid of $4,299 is about twice as large.

The State of Michigan Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Michigan has the largest proportion of No Mortgage at 39% of the total and is ranked #1.

The State of Michigan Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has 3.2 family members per housing unit which is the 3d most of all other states in the area. The state with the highest family members per housing unit in the group is Illinois with a size of 3.3 is only about 5.0% larger.

Figure 29 show the median number of rooms in a typical home for each city in the area. the state of shows it has 5.8 average number of rooms in a house which is the 2nd most of all the states in the area. The state with the highest average number of rooms in a house in the group is Ohio with an average number of rooms in a house of 5.9 compares as only slightly larger. Figure 30 shows, for the average house in each city, the median year that a house was built. This can be useful for understanding the relative age of one neighborhood versus another. the state of shows it has 1970 year built which is the 3d most of all other states in the area. The state with the highest year built in the group is Indiana with a year of 1973 compares as about the same size.

Figure 31 looks at the distribution housing units by date built in this area. Michigan has the largest proportion of homes built between 1940 to 1949 at 8% 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 or renters. Michigan has Owner-occupied housing units the 3d most of all other states in the area at 2,777,110 of the total and is ranked 3d last in the group.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. Michigan has the largest proportion of Mobile home at 5% of the total and is ranked #1.

Figure 34 shows the median value of homes broken down by the year that they were built. Michigan has value of homes built 2014 or later the 3d most of all other states in the area at $322,200 of the total and is ranked 3d last in the group. Second, it has value of homes built 2010 to 2013 the 3d most of all other states in the area at $283,600 of the total and is ranked 3d last in the group.

The next two charts show both the household size of homeowners and renters. Starting with Figure 36 we see the household size of homeowners. the state of shows it has 2.6 homeowner household size which is the 3d most of all other states in the area. The state with the highest homeowner household size in the group is Illinois with a size of 2.7 is only about 5.1% larger.

Figure 37 shows the household size for renters the state of shows it has 2.3 renter household size which is the 3d most of all other states in the area. The state with the highest renter household size in the group is Illinois with a size of 2.4 is only about 4.8% larger.

Figure 40 compares the median year that a home owner moved into their home. the state of shows it has 2003 median year that a home owner moved in which is the most of all statesin the area. Figure 41 compares the median year that a renter moved into their home. the state of shows it has 2013 median year that a renter moved in which is more than all other statesin the area.

Figure 42 shows a frequency distribution of various types of energy sources used in a home. Michigan has homes using some other fuel the 2nd most of all the states in the area at 1% of the total and is ranked in the middle of the group.

The next two charts show the number of people living in group quarters, beginning with Figure 43 which shows the total number of people. the state of shows it has 229,387 total people living in group quarters which is the 3d most of all other states in the area.