Home | Ask Your Question | Mortgage Glossary
Find me a lender for:  
Madison Heights Michigan Real Estate By Jennifer Hershey

Madison Heights Michigan Real Estate

Madison Heights, Michigan, is located in Oakland County, 2 miles E of Royal Oak, Michigan and 9 miles N of Detroit, Michigan. Madison Heights has a population of 31,101.

Madison Heights Homes

Madison Heights properties pool is 13,299 residential properties including Madison Heights new homes. Median age of real estate in Madison Heights is 1960. Average Household size is 3.02 people. 4% are one bedroom homes, 24% are 2 bedroom homes, 62% are 3 bedroom homes, 9% are 4 bedroom homes, and 1% are 5+ bedroom homes.

Madison Heights Mortgage Statistics

Madison Heights mortgages vs. USA median statistics

Homes Madison Heights USA
Homes With No Mortgage 29%
30%
Homes With Mortgage 71%
70%
First Mortgage Only 52%
54%
First & Second Mortgage or HELOC 19%
16%

Madison Heights Area Real Estate Tax

Madison Heights Real estate Tax: Median Real Estate Taxes (2000) were $1,786 comparing to 1999 Median Family income $ 51,364. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Madison Heights School District: Children make up 22.1% of Madison Heights population. Madison Heights has 6,867 under 18 years old residents, or 0.45 kids per one worker, or 0.52 kids per one household.

Madison Heights Real Estate & Madison Heights Homeownership

There are 4521.66 or 34% one person households, 4122.69 or 31% two person households, and 1994.85 or 15% three person households in Madison Heights, Michigan. Median residents age is 36.1, Senior citizens (65+) make up 4,416 or 14.2%% of Madison Heights population.

There are 15,398 workers (over 16 years of age) in Madison Heights. Of these, 95.76% drive to work. Approximately 0.67% of workers in Madison Heights take public transportation. An estimated 1.08% walk to work.

Median Madison Heights homeowner's housing expences are 17.8%

Crime in Madison Heights (2003), crimes per 10,000 residents per year

Type of Crime Madison Heights USA, 2003
Violent Crimes
25.72
47.5
Robberies
12.22
14.2
Aggravated Assaults
11.25
29.5
Property Crimes
461.72
358.8
Burglaries
63.99
74.0
Larceny-Thefts
301.6
241.5
Motor Vehicle Thefts
96.14
43.3

Invest in Madison Heights Properties

When making a decision about buying real estate in Madison Heights Michigan area, you should consider following statistical data:

Category Madison Heights USA
Near Medium City
Royal Oak, Michigan
-
Near Large City
Detroit, Michigan
-
Madison Heights Zip Codes
48071
-
Madison Heights Area Codes
248
-
White population
89.6%
75.1%
African-American population
1.82%
12.3%
Asian
4.97%
3.6%
American Indian & Alaskan
0.44%
0.9%
Hispanic (of any race)
1.61%
12.5%
Median Family Income (1999)
$ 51,364%
$42,000
Population Below Poverty Level
8.8%
12.4%

Madison Heights Michigan Real Estate page will be updated soon. Bookmark this page and come back later to review:

Madison Heights Real Estate For Sale

Madison Heights Rental Real Estate

Madison Heights Real Estate Agency

Madison Heights Real Estate Investors

 




See Also:

Michigan City Indiana Real Estate
Michigan City Indiana Real Estate Michigan City, Indiana, is located in La Porte County, 26 miles NE of Gary, Indiana and 42 miles E of Chicago, Illinois. Michigan City has a population of 32,900. Michigan City Homes Michigan City properties pool is 12,546 residential properties including ... more...

Alma Michigan Real Estate
Alma Michigan Real Estate Alma, Michigan, is located in Gratiot County, 34 miles W of Saginaw, Michigan and 106 miles NW of Detroit, Michigan. Alma has a population of 9,275. Alma Homes Alma properties pool is 3,231 residential properties including Alma new homes. Median age of real ... more...

Alpena Michigan Real Estate
Alpena Michigan Real Estate Alpena, Michigan, is located in Alpena County, 116 miles N of Saginaw, Michigan and 188 miles N of Detroit, Michigan. Alpena has a population of 11,304. Alpena Homes Alpena properties pool is 4,912 residential properties including Alpena new homes. Median age ... more...

Birmingham Michigan Real Estate
Birmingham Michigan Real Estate Birmingham, Michigan, is located in Oakland County, 3 miles SW of Troy, Michigan and 14 miles NW of Detroit, Michigan. Birmingham has a population of 19,291. Birmingham Homes Birmingham properties pool is 9,157 residential properties including Birmingham ... more...


More on michigan...

Search More Info On:

  • Michigan
  • Real Estate
  • Real Estate Tax
  • Mortgage
  • Mortgage Tax
  • Public Housing
  •  

    Shop For Your Mortgage Now!
    Shop For Your Mortgage Now!

    You'll be re-directed to Top-Lenders.com

    Want to Know Your Rate?
    Get Customized Mortgage Quote Instantly

     
    ExplainingMortgages © 2005 - 2009