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Lowell Area Schools Housing

 
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As of 2010-2014, median price of a house in Lowell Area Schools is $170,500, which is higher than the state average of $120,200 and is about the same as the national average of $175,700. The median year that a house in Lowell Area Schools was built is 1979, which is newer than the median year for a house built in the state which is 1969 and is newer than the median year for a house built in the USA which is 1976.

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 6,405 Owner Occupied Houses in Lowell Area Schools, #62
Lowell Area Schools
170,500 USD
Michigan
120,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2005-2009, see rank
Lowell Area Schools
-9.16%
Michigan
3.98%
U.S.
46.91%

*The Lowell Area Schools median house price growth rate is since 2005-2009. The Michigan and U.S population growth rate is since 2000.
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Lowell Area SchoolsMichiganU.S.
Total Housing Units7,974, see rank, 100%4,532,719132,741,033
Occupied Housing Units7,424, 93.10%, see rank84.45%87.55%
Owner Occupied6,405, 80.32%, see rank60.41%56.34%
Renter Occupied1,019, 12.78%, see rank24.04%31.21%
Vacant Housing Units550, 6.90%, see rank15.55%12.45%
For Rent5, 0.06%, see rank1.84%2.34%
For Sale Only110, 1.38%, see rank1.40%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank1.04%0.92%
For Seasonal, Recreational, or Occasional Use279, 3.50%, see rank6.26%3.97%
For Migrant Workers27, 0.34%, see rank0.05%0.03%
Other Vacant129, 1.62%, see rank4.96%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #100
Lowell Area SchoolsMichiganU.S.
197919691976

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

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Lowell Area Schools%MichiganU.S.
Owner-Occupied Units6,405100%2,738,01274,787,460
With a Mortgage4,42069.01%, see rank63.63%65.58%
Without a Mortgage1,98530.99%, see rank36.37%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Lowell Area Schools
1,426 USD
Michigan
1,295 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsLowell Area Schools%MichiganU.S.
$299 or Less120.27%, see rank0.19%0.20%
$300 to $4991292.92%, see rank1.88%1.59%
$500 to $6991072.42%, see rank6.65%5.01%
$700 to $99966715.09%, see rank19.56%14.32%
$1,000 to $1,4991,50834.12%, see rank34.69%27.90%
$1,500 to $1,9991,03323.37%, see rank20.06%20.35%
$2,000 to $2,99973416.61%, see rank12.84%19.52%
$3,000 or More2305.20%, see rank4.13%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Lowell Area Schools
22.40% of the Total Income
Michigan
22.60% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Lowell Area Schools%MichiganU.S.
10% or Less2445.52%, see rank5.90%5.86%
10% to 20%1,62236.70%, see rank35.28%31.95%
20% to 30%1,26528.62%, see rank27.51%27.64%
30% to 40%52111.79%, see rank12.63%13.74%
40% or More74416.83%, see rank18.20%20.29%

*Based on 2010-2014 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 Area Schools
522 USD
Michigan
463 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsLowell Area Schools%MichiganU.S.
$199 or Less432.17%, see rank4.74%7.76%
$200 to $2991567.86%, see rank12.46%14.70%
$300 to $49970235.37%, see rank40.41%34.63%
$500 to $69971435.97%, see rank25.95%21.16%
$700 or More37018.64%, see rank16.44%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Lowell Area Schools
11.50% of the Total Income
Michigan
13.40% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Lowell Area Schools%MichiganU.S.
10% or Less87644.13%, see rank35.33%40.19%
10% to 20%58929.67%, see rank33.76%31.47%
20% to 30%27013.60%, see rank13.39%12.24%
30% to 40%884.43%, see rank6.18%5.64%
40% or More1628.16%, see rank9.99%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Lowell Area SchoolsMichiganU.S.
Total Housing Units7,974, 100%4,532,719132,741,033
1-unit, Detached6,858, 86.00%, see rank71.97%61.65%
1-unit, Attached165, 2.07%, see rank4.66%5.82%
2 Units110, 1.38%, see rank2.58%3.75%
3 or 4 Units74, 0.93%, see rank2.56%4.43%
5 to 9 Units199, 2.50%, see rank4.20%4.78%
10 or More Units195, 2.45%, see rank8.58%13.08%
Mobile Home, Boat, RV, Van, etc.373, 4.68%, see rank5.45%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Lowell Area SchoolsMichiganU.S.
Total Housing Units7,974, 100%4,532,719132,741,033
1 Room99, 1.24%, see rank1.24%1.95%
2 Rooms67, 0.84%, see rank1.78%2.48%
3 Rooms470, 5.89%, see rank7.14%9.13%
4 Rooms660, 8.28%, see rank14.38%16.60%
5 Rooms1,116, 14.00%, see rank21.00%20.41%
6 Rooms1,280, 16.05%, see rank20.07%18.06%
7 Rooms1,282, 16.08%, see rank13.45%12.27%
8 Rooms985, 12.35%, see rank9.27%8.48%
9 Rooms or More2,015, 25.27%, see rank11.67%10.60%
Median Rooms6.70, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Lowell Area SchoolsMichiganU.S.
Total Housing Units7,974, 100%4,532,719132,741,033
No Bedroom99, 1.24%, see rank1.35%2.17%
1 Bedroom327, 4.10%, see rank9.11%11.16%
2 Bedrooms1,598, 20.04%, see rank26.33%26.69%
3 Bedrooms3,145, 39.44%, see rank43.93%39.70%
4 Bedrooms2,374, 29.77%, see rank15.80%16.05%
5 or More Bedrooms431, 5.41%, see rank3.47%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Lowell Area SchoolsMichiganU.S.
Total Housing Units7,424, 100%3,827,880116,211,092
Utility Gas3,994, 53.80%, see rank77.13%48.85%
Bottled, Tank, or LP Gas1,913, 25.77%, see rank8.48%4.86%
Electricity261, 3.52%, see rank8.30%36.68%
Fuel Oil, Kerosene, etc.567, 7.64%, see rank1.40%5.86%
Coal or Coke0, 0.00%, see rank0.03%0.12%
Wood460, 6.20%, see rank3.39%2.12%
Solar Energy15, 0.20%, see rank0.02%0.05%
Other Fuel196, 2.64%, see rank0.86%0.47%
No Fuel Used18, 0.24%, see rank0.39%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalLowell Area SchoolsMichiganU.S.
Occupied Units Paying Rent900, 100%1,028,83539,201,928
$199 or Less27, 3.00%, see rank1.86%1.50%
$200 to $29945, 5.00%, see rank3.88%3.18%
$300 to $49993, 10.33%, see rank9.32%7.37%
$500 to $699138, 15.33%, see rank23.63%16.01%
$700 to $999364, 40.44%, see rank35.23%29.17%
$1,000 to $1,499194, 21.56%, see rank20.17%26.88%
$1,500 to $1,99939, 4.33%, see rank3.85%9.79%
$2,000 or More0, 0.00%, see rank2.06%6.10%
Median$783, see rank$780$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Lowell Area SchoolsMichiganU.S.
Occupied Housing Units7,424, 100%3,827,880116,211,092
No Vehicles Available212, 2.86%, see rank7.97%9.12%
1 Vehicles Available1,609, 21.67%, see rank35.06%33.80%
2 Vehicles Available3,422, 46.09%, see rank38.45%37.48%
3 or More Vehicles Available2,181, 29.38%, see rank18.52%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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