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Dearborn Heights Mortgage Quotes And Real Estate


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Dearborn Heights Mortgage and Real Estate Facts

Overview

In Dearborn Heights there are 23,276 individual units of housing (the total of apartments, houses, and condos). As of 2000, the share of housing units in the city that were owner-occupied was 85%.

Dearborn Heights Mortgage

In Dearborn Heights, 59% of housing units (exluding rentals) have a mortgage. About 12% of houses and condos in the city have a home equity loan or second mortgage.

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Dearborn Heights Mortgage Statistics

CategoryValue
Homes With No Mortgage41%
With A Mortgage59%
First Mortgage Only47%
Second Mortgage or Home Equity Loan12%
Second Mortgage Only4%
Home Equity Loan Only8%

Dearborn Heights Housing Expenses

CategoryValue
Owner Costs as % of Income16.4%
Median Real Estate Taxes (2000)$1,733

Dearborn Heights Household Size

CategoryValue
Total Occupied23,276
1-Person Households28%
2-Person Households34%
3-Person Households16%
4-Person Households13%
5-Person Households6%
6-Person Households2%
7+-Person Households1%

Dearborn Heights Housing Stock

CategoryValue
Median Year Built1957
Median Year Built (Owner Occupied)1956
Median Year Built (Renter Occupied)1961

Dearborn Heights Home Heating

CategoryValue
Using Utility Co. Gas Heat98%
Using Bottled/Tank Gas Heat0%
Using Electric Heat1%
Using Oil Heat0%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating0%

Dearborn Heights Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom3%
2 Bedrooms17%
3 Bedrooms67%
4 Bedrooms12%
5+ Bedrooms1%

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