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Lowell, MI Housing

 
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As of 2006-2010, median price of a house in Lowell is $120,400, which is about the same as the state average of $123,300 and is lower than the national average of $179,900. The Lowell median house value has grown by 22.23% since 2000. The growth rate for the price of a house in Lowell is higher than the state average rate of 6.66% and is lower than the national average rate of 50.42%. The median year that a house in Lowell was built is 1962, which is older than the median year for a house built in the state which is 1968 and is older than the median year for a house built in the USA which is 1975.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 1,004 Owner Occupied Houses in Lowell, MI, #275
Lowell, MI
120,400 USD
Michigan
144,200 USD
U.S.
188,400 USD
Median House Price Growth Since 2000, #362
Lowell, MI
22.23%
Michigan
6.66%
U.S.
50.42%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2006-2010 data. View historical house value data.

Housing Occupancy

 Lowell, MI%MichiganU.S.
Total Housing Units1,581, see rank100%4,532,233131,704,730
Occupied Housing Units1,45792.16%, see rank85.44%88.62%
Owner Occupied91157.62%, see rank61.63%57.69%
Renter Occupied54634.54%, see rank23.81%30.93%
Vacant Housing Units1247.84%, see rank14.56%11.38%
For Rent704.43%, see rank3.13%3.14%
For Sale Only241.52%, see rank1.70%1.44%
Rented or Sold, Not Occupied90.57%, see rank0.54%0.48%
For Seasonal, Recreational, or Occasional Use50.32%, see rank5.80%3.53%
For Migrant Workers00.00%, see rank0.04%0.02%
Other Vacant161.01%, see rank3.34%2.77%

*Based on 2010 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #307
Lowell, MIMichiganU.S.
196219681975

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2006-2010 data. View historical year structure built data.

Mortgage Status

 Lowell, MI%MichiganU.S.
Owner-Occupied Units1,004100%2,852,37476,089,650
With a Mortgage77577.19%, see rank67.89%67.94%
Without a Mortgage22922.81%, see rank32.11%32.06%

*Based on 2006-2010 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Lowell, MI
1,204 USD
Michigan
1,365 USD
U.S.
1,524 USD

Owner Costs Distribution
Monthly Owner CostsLowell, MI%MichiganU.S.
$299 or Less00.00%, see rank0.23%0.22%
$300 to $49900.00%, see rank1.88%1.85%
$500 to $699162.06%, see rank5.72%5.39%
$700 to $99924231.23%, see rank17.14%14.41%
$1,000 to $1,49925933.42%, see rank33.66%27.08%
$1,500 to $1,99925833.29%, see rank21.51%19.94%
$2,000 to $2,99900.00%, see rank14.85%19.39%
$3,000 or More00.00%, see rank5.01%11.73%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Lowell, MI
29.30% of the Total Income
Michigan
24.70% of the Total Income
U.S.
25.00% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Lowell, MI%MichiganU.S.
10% or Less00.00%, see rank4.34%4.85%
10% to 20%17822.97%, see rank29.66%28.90%
20% to 30%21427.61%, see rank29.80%28.42%
30% to 40%16020.65%, see rank15.01%15.27%
40% or More20826.84%, see rank20.77%22.15%

*Based on 2006-2010 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Lowell, MI
510 USD
Michigan
448 USD
U.S.
431 USD

Owner Costs Distribution
Monthly Owner CostsLowell, MI%MichiganU.S.
$199 or Less00.00%, see rank5.41%8.92%
$200 to $299125.24%, see rank13.58%16.68%
$300 to $4999541.48%, see rank41.64%35.65%
$500 to $6998737.99%, see rank24.86%20.07%
$700 or More3515.28%, see rank14.51%18.68%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Lowell, MI
19.30% of the Total Income
Michigan
13.80% of the Total Income
U.S.
12.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Lowell, MI%MichiganU.S.
10% or Less177.42%, see rank33.39%38.92%
10% to 20%10244.54%, see rank34.51%31.98%
20% to 30%7231.44%, see rank14.02%12.67%
30% to 40%2611.35%, see rank6.45%5.90%
40% or More125.24%, see rank10.54%9.51%

*Based on 2006-2010 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Lowell, MI%MichiganU.S.
Total Housing Units1,739100%4,529,680130,038,080
1-unit, Detached1,16266.82%, see rank71.70%61.62%
1-unit, Attached834.77%, see rank4.57%5.74%
2 Units1076.15%, see rank2.81%3.88%
3 or 4 Units693.97%, see rank2.63%4.47%
5 to 9 Units21512.36%, see rank4.20%4.84%
10 or More Units512.93%, see rank8.46%12.68%
Mobile Home, Boat, RV, Van, etc.522.99%, see rank5.64%6.76%

*Based on 2006-2010 data. View historical units in structure data.

Rooms

 Lowell, MI%MichiganU.S.
Total Housing Units1,739100%4,529,680130,038,080
1 Room00.00%, see rank0.93%1.59%
2 Rooms140.81%, see rank1.84%2.62%
3 Rooms1629.32%, see rank7.17%9.02%
4 Rooms32418.63%, see rank14.64%16.85%
5 Rooms34019.55%, see rank22.03%20.93%
6 Rooms36621.05%, see rank20.50%18.56%
7 Rooms18610.70%, see rank13.53%12.38%
8 Rooms19010.93%, see rank8.94%8.39%
9 Rooms or More1579.03%, see rank10.42%9.65%
Median Rooms5.60, see rank-5.705.50

*Based on 2006-2010 data. View historical rooms data.

Bedrooms

 Lowell, MI%MichiganU.S.
Total Housing Units1,739100%4,529,680130,038,080
No Bedroom00.00%, see rank1.08%1.84%
1 Bedroom1669.55%, see rank9.15%11.32%
2 Bedrooms69239.79%, see rank26.74%27.20%
3 Bedrooms54231.17%, see rank43.97%39.80%
4 Bedrooms32118.46%, see rank15.71%15.80%
5 or More Bedrooms181.04%, see rank3.36%4.04%

*Based on 2006-2010 data. View historical bedrooms data.

House Heating Fuel

 Lowell, MI%MichiganU.S.
Total Housing Units1,606100%3,843,997114,235,996
Utility Gas1,38786.36%, see rank77.97%49.91%
Bottled, Tank, or LP Gas00.00%, see rank9.17%5.38%
Electricity1096.79%, see rank7.04%34.20%
Fuel Oil, Kerosene, etc.150.93%, see rank2.05%7.07%
Coal or Coke00.00%, see rank0.03%0.12%
Wood462.86%, see rank2.75%1.97%
Solar Energy00.00%, see rank0.02%0.03%
Other Fuel493.05%, see rank0.68%0.42%
No Fuel Used00.00%, see rank0.29%0.90%

*Based on 2006-2010 data. View historical house heating fuel data.

Gross Rent

Monthly RentalLowell, MI%MichiganU.S.
Occupied Units Paying Rent579100%935,24535,969,315
$199 or Less132.25%, see rank3.00%2.25%
$200 to $299488.29%, see rank4.03%3.41%
$300 to $49914124.35%, see rank12.05%9.80%
$500 to $69916127.81%, see rank27.66%19.41%
$700 to $99914424.87%, see rank32.90%29.88%
$1,000 to $1,4997212.44%, see rank15.95%23.51%
$1,500 to $1,99900.00%, see rank2.92%7.56%
$2,000 or More00.00%, see rank1.49%4.16%
Median$609, see rank-$723$841

*Based on 2006-2010 data. View historical gross rent data.

Vehicle Available

 Lowell, MI%MichiganU.S.
Occupied Housing Units1,606100%3,843,997114,235,996
No Vehicles Available815.04%, see rank7.17%8.85%
1 Vehicles Available74646.45%, see rank34.21%33.28%
2 Vehicles Available57035.49%, see rank39.48%37.87%
3 or More Vehicles Available20913.01%, see rank19.14%20.00%

*Based on 2006-2010 data. View historical vehicle available data.


 
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