Dollar DollarTimes

You are Here:
DollarTimes.com > Mortgage > Michigan > Ann Arbor

Ann Arbor, Michigan Mortgage and Housing Information

Population: 114,024
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Value of Houses and Condos

A comparison of the average prices of homes in Ann Arbor, Michigan and the U.S.
U.S.MichiganAnn Arbor
Median home value
in year 2006		$185,200$153,300$271,000

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2006
U.S.MichiganAnn Arbor
With a mortgage$1,402$1,302$1,879
Without a mortgage$399$422$738

Ownership of Houses and Condos

Types of mortgages for owner-occupied Houses and Condos in Ann Arbor (2006)
Mortgage TypeNumber of Houses and CondosPercent of total
Without a mortgage5,17925.7%
First Mortgage Only10,62452.7%
Second Mortgage and/or Home Equity Loan4,34321.6%
Total20,146100%

Tenancy in Ann Arbor

How many people in Ann Arbor live in their own home? How many rent their home? Data for houses and condos, from 2006.
Owner-occupied homes20,146
Renter-occupied homes25,482
Homes for sale538
Homes for rent1,789
Total50,185

Age of Ann Arbor Residents

Median age for males and females (2000).
Males 27
Females 29

Income

Median earnings for the 12 months preceding 2006, residents over 16 years with earnings
U.S.MichiganAnn Arbor
Median Earnings$27,239$26,851$21,242
Median Earnings, Males$32,396$34,153$26,089
Median Earnings, Females$22,097$20,985$17,778

Males earn $8,311 (46.7%) more than Females in Ann Arbor.

Commuting in Ann Arbor

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo37,687
Carpooled4,746
Public Transit3,968
Bicycle1,373
Walking9,505
Other Means272
Total, Commuted57,551
Worked from home2,637
Total60,188

Time Spent Commuting in Ann Arbor

Time spent commuting in Ann Arbor
Time spent in minutesNumber of People
Less than 52,181
5-98,928
10-1414,299
15-1911,932
20-246,679
25-291,964
30-343,900
35-391,122
40-441,330
45-593,196
60-891,575
Over 90445

Education

Level of higher education for people over 25 years in Ann Arbor (2006).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College3,51511.0%3,76511.8%
Associate Degree1,2633.9%1,4814.6%
Bachelor's Degree9,36129.3%10,90834.1%
Master's Degree6,78421.2%7,58123.7%
Professional Degree2,4607.7%1,3244.1%
Doctorate Degree5,15116.1%2,9649.3%
Total (at least some college)28,53489.2%28,02390.6%
Total over 2531,992100%30,926100%

Comments on Ann Arbor

July 24th, 2008

Great city home to the University of Michigan. Lots of unique restaurants, shops, and people. Also, a few tech companies and Borders books is based here.

– John

Latest comment on Ann Arbor

July 24th, 2008

Great city home to the University of Michigan. Lots of unique restaurants, shops, and people. Also, a few tech companies and Borders books is based here.

– John

Mortgage Calculator

What Will Your Monthly Payment Be?








Results

?
 
© HBrothers 2007. Contact us | About us