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Detroit, Michigan Mortgage and Housing Information
Population: 951,270
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Lifestyle in Detroit
Income
| U.S. | Michigan | Detroit | |
|---|---|---|---|
| Median Earnings | $27,239 | $26,851 | $20,989 |
| Median Earnings, Males | $32,396 | $34,153 | $21,620 |
| Median Earnings, Females | $22,097 | $20,985 | $20,418 |
Males earn $1,202 (5.9%) more than Females in Detroit.
Commuting in Detroit
Means of transportation to work, workers over 16 years old.
| Means of Transport | Number of People |
|---|---|
| Car, solo | 219,118 |
| Carpooled | 54,537 |
| Public Transit | 27,634 |
| Bicycle | 507 |
| Walking | 8,977 |
| Other Means | 2,869 |
| Total, Commuted | 313,642 |
| Worked from home | 5,807 |
| Total | 319,449 |
Time Spent Commuting in Detroit
Time spent commuting in Detroit
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 4,221 |
| 5-9 | 16,719 |
| 10-14 | 32,917 |
| 15-19 | 51,113 |
| 20-24 | 60,923 |
| 25-29 | 23,478 |
| 30-34 | 58,109 |
| 35-39 | 8,542 |
| 40-44 | 9,643 |
| 45-59 | 22,512 |
| 60-89 | 14,701 |
| Over 90 | 10,764 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 46,102 | 20.3% | 68,696 | 30.3% |
| Associate Degree | 11,634 | 5.1% | 19,320 | 8.5% |
| Bachelor's Degree | 12,021 | 5.3% | 25,132 | 11.1% |
| Master's Degree | 4,717 | 2.1% | 10,042 | 4.4% |
| Professional Degree | 2,357 | 1.0% | 1,173 | 0.5% |
| Doctorate Degree | 831 | 0.4% | 873 | 0.4% |
| Total (at least some college) | 77,662 | 34.3% | 125,236 | 44.7% |
| Total over 25 | 226,629 | 100% | 280,266 | 100% |
Housing in Detroit
Value of Houses and Condos
| U.S. | Michigan | Detroit | |
|---|---|---|---|
| Median home value in year 2006 | $185,200 | $153,300 | $91,700 |
Monthly Owner Costs
| U.S. | Michigan | Detroit | |
|---|---|---|---|
| With a mortgage | $1,402 | $1,302 | $1,181 |
| Without a mortgage | $399 | $422 | $455 |
Tenancy in Detroit
| Owner-occupied homes | 160,154 |
|---|---|
| Renter-occupied homes | 128,323 |
| Homes for sale | 13,802 |
| Homes for rent | 20,272 |
| Total | 374,428 |
Ownership of Houses and Condos
Types of mortgages for owner-occupied Houses and Condos in Detroit (2006)
| Mortgage Type | Number of Houses and Condos | Percent of total |
|---|---|---|
| Without a mortgage | 57,977 | 36.2% |
| First Mortgage Only | 81,828 | 51.1% |
| Second Mortgage and/or Home Equity Loan | 20,349 | 12.7% |
| Total | 160,154 | 100% |
Age of Detroit Residents
| Males | Females |
|---|---|
| 29 | 32 |
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