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Detroit City has the highest percentage on total returns in the entire Michigan state. The 2007 census provides that the Detroit City population is 916,952, out of which there are no provided estimated housing units throughout the area. As of 2000, the median year structure built was 1948, while total housing units are around 375,096. The vacancy rate in this city is at 10.3 percent while the home ownership rate is only at 54.9 percent. The median value for specific owner-occupied housing units is only at $88,300 while the median gross rent of specific renter-occupied units bats at $486. The median for housing units is higher as it was priced at $ 63,600 in 2000. Detroit is a progressive city in the mid-west; however not without unemployment problems. Home sales have peaked in the fourth quarter of 2006 in Detroit, making about 13,000 home sales in just one quarter. The recent data shows that the Detroit housing market is slowly picking up to around 8,000 home sales in the last quarter of 2007.

Detroit, Michigan - The Motor City

The City of Detroit is the largest city in the great state of Michigan. A major port of the city, the port of Detroit City caters not only this area but the entire region of Midwest United States. Detroit is the only American City which would appear like it belongs to south of Canada. The City is famous for being the world’s center for traditional automotives. The city’s name, Detroit, is the word typified of the automotive industry in the United States, which explains the nicknames, “Motor City” and “Motown.” But the City of Detroit is not only famous for its automobile manufactures; it is also the home to some of the most popular music ever heard. In the year 2007, the United States Census Bureau has ranked the City of Detroit as the eleventh most populous state in the country with a number of 916,952 inhabitants in that area alone.

Most people stay with the same homeowners insurance company their entire life. You could be paying too much unless your insurance company has customer loyalty discounts. To save money, you should shop your rates around periodically. We can help. If you live in Detroit, Michigan and would like to compare your homeowners insurance rates, enter your zip code above and click the go button. We will help you find cheap homeowners insurance rates. Best of all - it's free!


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