Page 99 - Northville Township
P. 99
58% Single-Family
Detached Units
Units in Housing Structure
As of 2020, the existing stock of occupied Figure 11, Residential Dwelling Types
housing in Northville Township — 12,261 units 10 to 19 units 20+ Units Mobile home
— was estimated to consist of 58% one-unit 4% 4% 1%
detached, or single-family detached, dwellings. Five to nine units
One-unit attached residences comprised nearly 9%
20% of the residential dwelling types in 2020,
leaving approximately 20% of remaining dwelling Three or four units
types to be some type of multi-unit residence. 3%
Buildings of five to nine units were the most Two units One-unit, detached
common type of multi-unit building, at nearly 2% 58%
10%. Figure 11 provides percentages for all other
housing types found in Northville Township in One-unit, attached
2020. (Source: U.S. Census Bureau) 19%
Source: U.S. Census Bureau Two units
One-unit, detached
One-unit, attached
19% of Renters Paying More than 30% of Income in Housing Costs 10 to 19 units
Five to nine units
Three or four units
In 2020, 19% of renters were paying more than 30% of their income towards their housing costs, a common indicator
Mobile home
20+ Units
Boat, RV, Van, Etc
of housing unaffordability. Among homeowners, nearly one-quarter were above the 30%-of-income unaffordability
threshold.
The accompanying tables, based on rules of thumb for housing affordability, show that a Northville Township resident
making the 2020 median household income could afford a home worth up to $363,879. This is approximately $73,000
lower than the 2020 median home value of $436,800, which would require a minimum household income of $157,967
to afford. The second table illustrates the range of affordable monthly housing costs based on a range of percentages of
the median household income. (Source: U.S. Census Bureau)
Median Maximum Home Price Minimum Household
Household Affordable to Median Median Home Income to Afford Median
Value
Income Household Income Priced Home
$121,290 $363,879 $436,800 $157,967
Sources: U.S. Census Bureau and KKC
Percent of Median Annual Household Affordable Monthly Housing
Household Income Income Cost (30% of Income)
150% $181,935.00 $4,548.38
125% $151,612.50 $3,790.31
100% $121,290.00 $3,032.25
75% $90,967.50 $2,274.19
50% $60,645.00 $1,137.09
Sources: U.S. Census Bureau and KKC
Approved August 17, 2023 95