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Romulus Apartments, Mortgage Quotes, And Real Estate


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Romulus Mortgage and Real Estate Facts

Overview

Romulus has 8,439 houses and apartments. Of the houses, apartments, etc. in the city, about 71% are lived in by their owners, not renters.

Romulus Mortgage

In Romulus, 74% of housing owners are paying off a mortgage. It's about 16% of homeowners in the city that use a second mortgage or home equity loan.

Mortgage and interest rate quotes for the Romulus area (or anywhere else you choose in the US) are available, without obligation or credit checks:

Romulus Mortgage Statistics

CategoryValue
Homes With No Mortgage26%
With A Mortgage74%
First Mortgage Only58%
Second Mortgage or Home Equity Loan16%
Second Mortgage Only6%
Home Equity Loan Only10%

Romulus Housing Expenses

CategoryValue
Owner Costs as % of Income17.6%
Median Real Estate Taxes (2000)$1,771

Romulus Household Size

CategoryValue
Total Occupied8,439
1-Person Households24%
2-Person Households29%
3-Person Households20%
4-Person Households16%
5-Person Households7%
6-Person Households3%
7+-Person Households2%

Romulus Housing Stock

CategoryValue
Median Year Built1968
Median Year Built (Owner Occupied)1969
Median Year Built (Renter Occupied)1968

Romulus Home Heating

CategoryValue
Using Utility Co. Gas Heat94%
Using Bottled/Tank Gas Heat1%
Using Electric Heat3%
Using Oil Heat1%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating0%

Romulus Housing Size

CategoryValue
No Bedrooms1%
1 Bedroom3%
2 Bedrooms15%
3 Bedrooms65%
4 Bedrooms14%
5+ Bedrooms1%
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Romulus Mortgage Rates

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