Oakland County Housing
As of 2010-2014, median price of a house in Oakland County is $170,600, which is higher than the state average of $120,200 and is about the same as the national average of $175,700. The Oakland County median house value has shrunk by 5.85% since 2000. The growth rate for the price of a house in Oakland County is lower than the state average rate of 3.98% and is much lower than the national average rate of 46.91%. The median year that a house in Oakland County was built is 1973, which is newer than the median year for a house built in the state which is 1969 and is older than the median year for a house built in the USA which is 1976.
House Value
Median Value of a Total of 347,091 Owner Occupied Houses in Oakland County, #4Oakland County | 170,600 USD |
Michigan | 120,200 USD |
U.S. | 175,700 USD |
Oakland County | -5.85% | |
Michigan | 3.98% | |
U.S. | 46.91% |
*Based on 2010-2014 data. View historical house value data.
Housing Occupancy
Oakland County | Michigan | U.S. | |
Total Housing Units | 529,670, see rank, 100% | 4,532,719 | 132,741,033 |
Occupied Housing Units | 489,797, 92.47%, see rank | 84.45% | 87.55% |
Owner Occupied | 347,091, 65.53%, see rank | 60.41% | 56.34% |
Renter Occupied | 142,706, 26.94%, see rank | 24.04% | 31.21% |
Vacant Housing Units | 39,873, 7.53%, see rank | 15.55% | 12.45% |
For Rent | 10,600, 2.00%, see rank | 1.84% | 2.34% |
For Sale Only | 5,430, 1.03%, see rank | 1.40% | 1.20% |
Rented or Sold, Not Occupied | 5,543, 1.05%, see rank | 1.04% | 0.92% |
For Seasonal, Recreational, or Occasional Use | 5,493, 1.04%, see rank | 6.26% | 3.97% |
For Migrant Workers | 27, 0.01%, see rank | 0.05% | 0.03% |
Other Vacant | 12,780, 2.41%, see rank | 4.96% | 4.00% |
*Based on 2010-2014 data. View historical housing occupancy data.
Year Structure Built
Median Built Year, #35Oakland County | Michigan | U.S. |
1973 | 1969 | 1976 |
*Based on 2010-2014 data. View historical year structure built data.
Mortgage Status
Oakland County | % | Michigan | U.S. | |
Owner-Occupied Units | 347,091 | 100% | 2,738,012 | 74,787,460 |
With a Mortgage | 246,724 | 71.08%, see rank | 63.63% | 65.58% |
Without a Mortgage | 100,367 | 28.92%, see rank | 36.37% | 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
Oakland County | 1,652 USD |
Michigan | 1,295 USD |
U.S. | 1,522 USD |
Owner Costs Distribution
Monthly Owner Costs | Oakland County | % | Michigan | U.S. |
$299 or Less | 458 | 0.19%, see rank | 0.19% | 0.20% |
$300 to $499 | 2,134 | 0.86%, see rank | 1.88% | 1.59% |
$500 to $699 | 7,282 | 2.95%, see rank | 6.65% | 5.01% |
$700 to $999 | 25,903 | 10.50%, see rank | 19.56% | 14.32% |
$1,000 to $1,499 | 67,028 | 27.17%, see rank | 34.69% | 27.90% |
$1,500 to $1,999 | 60,273 | 24.43%, see rank | 20.06% | 20.35% |
$2,000 to $2,999 | 57,301 | 23.22%, see rank | 12.84% | 19.52% |
$3,000 or More | 26,345 | 10.68%, see rank | 4.13% | 11.12% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Oakland County | 21.90% 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
Oakland County | % | Michigan | U.S. | |
10% or Less | 17,377 | 7.04%, see rank | 5.90% | 5.86% |
10% to 20% | 90,030 | 36.49%, see rank | 35.28% | 31.95% |
20% to 30% | 66,101 | 26.79%, see rank | 27.51% | 27.64% |
30% to 40% | 29,197 | 11.83%, see rank | 12.63% | 13.74% |
40% or More | 43,102 | 17.47%, see rank | 18.20% | 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
Oakland County | 602 USD |
Michigan | 463 USD |
U.S. | 457 USD |
Owner Costs Distribution
Monthly Owner Costs | Oakland County | % | Michigan | U.S. |
$199 or Less | 2,311 | 2.30%, see rank | 4.74% | 7.76% |
$200 to $299 | 5,876 | 5.85%, see rank | 12.46% | 14.70% |
$300 to $499 | 25,978 | 25.88%, see rank | 40.41% | 34.63% |
$500 to $699 | 30,363 | 30.25%, see rank | 25.95% | 21.16% |
$700 or More | 35,839 | 35.71%, see rank | 16.44% | 21.75% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Oakland County | 13.30% 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
Oakland County | % | Michigan | U.S. | |
10% or Less | 36,974 | 36.84%, see rank | 35.33% | 40.19% |
10% to 20% | 31,314 | 31.20%, see rank | 33.76% | 31.47% |
20% to 30% | 13,716 | 13.67%, see rank | 13.39% | 12.24% |
30% to 40% | 6,546 | 6.52%, see rank | 6.18% | 5.64% |
40% or More | 10,609 | 10.57%, see rank | 9.99% | 9.16% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.
Units in Structure
Oakland County | Michigan | U.S. | |
Total Housing Units | 529,670, 100% | 4,532,719 | 132,741,033 |
1-unit, Detached | 362,063, 68.36%, see rank | 71.97% | 61.65% |
1-unit, Attached | 33,155, 6.26%, see rank | 4.66% | 5.82% |
2 Units | 6,281, 1.19%, see rank | 2.58% | 3.75% |
3 or 4 Units | 17,228, 3.25%, see rank | 2.56% | 4.43% |
5 to 9 Units | 35,931, 6.78%, see rank | 4.20% | 4.78% |
10 or More Units | 59,668, 11.27%, see rank | 8.58% | 13.08% |
Mobile Home, Boat, RV, Van, etc. | 15,344, 2.90%, see rank | 5.45% | 6.49% |
*Based on 2010-2014 data. View historical units in structure data.
Rooms
Oakland County | Michigan | U.S. | |
Total Housing Units | 529,670, 100% | 4,532,719 | 132,741,033 |
1 Room | 5,121, 0.97%, see rank | 1.24% | 1.95% |
2 Rooms | 7,972, 1.51%, see rank | 1.78% | 2.48% |
3 Rooms | 39,916, 7.54%, see rank | 7.14% | 9.13% |
4 Rooms | 71,827, 13.56%, see rank | 14.38% | 16.60% |
5 Rooms | 92,618, 17.49%, see rank | 21.00% | 20.41% |
6 Rooms | 93,229, 17.60%, see rank | 20.07% | 18.06% |
7 Rooms | 70,115, 13.24%, see rank | 13.45% | 12.27% |
8 Rooms | 58,784, 11.10%, see rank | 9.27% | 8.48% |
9 Rooms or More | 90,088, 17.01%, see rank | 11.67% | 10.60% |
Median Rooms | 6.00, see rank | 5.70 | 5.50 |
*Based on 2010-2014 data. View historical rooms data.
Bedrooms
Oakland County | Michigan | U.S. | |
Total Housing Units | 529,670, 100% | 4,532,719 | 132,741,033 |
No Bedroom | 5,702, 1.08%, see rank | 1.35% | 2.17% |
1 Bedroom | 52,049, 9.83%, see rank | 9.11% | 11.16% |
2 Bedrooms | 126,160, 23.82%, see rank | 26.33% | 26.69% |
3 Bedrooms | 211,289, 39.89%, see rank | 43.93% | 39.70% |
4 Bedrooms | 115,657, 21.84%, see rank | 15.80% | 16.05% |
5 or More Bedrooms | 18,813, 3.55%, see rank | 3.47% | 4.22% |
*Based on 2010-2014 data. View historical bedrooms data.
House Heating Fuel
Oakland County | Michigan | U.S. | |
Total Housing Units | 489,797, 100% | 3,827,880 | 116,211,092 |
Utility Gas | 439,267, 89.68%, see rank | 77.13% | 48.85% |
Bottled, Tank, or LP Gas | 8,683, 1.77%, see rank | 8.48% | 4.86% |
Electricity | 34,349, 7.01%, see rank | 8.30% | 36.68% |
Fuel Oil, Kerosene, etc. | 1,728, 0.35%, see rank | 1.40% | 5.86% |
Coal or Coke | 68, 0.01%, see rank | 0.03% | 0.12% |
Wood | 2,449, 0.50%, see rank | 3.39% | 2.12% |
Solar Energy | 35, 0.01%, see rank | 0.02% | 0.05% |
Other Fuel | 1,919, 0.39%, see rank | 0.86% | 0.47% |
No Fuel Used | 1,299, 0.27%, see rank | 0.39% | 1.00% |
*Based on 2010-2014 data. View historical house heating fuel data.
Gross Rent
Monthly Rental | Oakland County | Michigan | U.S. |
Occupied Units Paying Rent | 137,729, 100% | 1,028,835 | 39,201,928 |
$199 or Less | 1,487, 1.08%, see rank | 1.86% | 1.50% |
$200 to $299 | 2,961, 2.15%, see rank | 3.88% | 3.18% |
$300 to $499 | 6,425, 4.66%, see rank | 9.32% | 7.37% |
$500 to $699 | 19,946, 14.48%, see rank | 23.63% | 16.01% |
$700 to $999 | 47,752, 34.67%, see rank | 35.23% | 29.17% |
$1,000 to $1,499 | 40,788, 29.61%, see rank | 20.17% | 26.88% |
$1,500 to $1,999 | 11,219, 8.15%, see rank | 3.85% | 9.79% |
$2,000 or More | 7,151, 5.19%, see rank | 2.06% | 6.10% |
Median | $934, see rank | $780 | $920 |
*Based on 2010-2014 data. View historical gross rent data.
Vehicle Available
Oakland County | Michigan | U.S. | |
Occupied Housing Units | 489,797, 100% | 3,827,880 | 116,211,092 |
No Vehicles Available | 27,944, 5.71%, see rank | 7.97% | 9.12% |
1 Vehicles Available | 166,590, 34.01%, see rank | 35.06% | 33.80% |
2 Vehicles Available | 202,984, 41.44%, see rank | 38.45% | 37.48% |
3 or More Vehicles Available | 92,279, 18.84%, see rank | 18.52% | 19.61% |
*Based on 2010-2014 data. View historical vehicle available data.