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Owosso Michigan Real Estate By Jennifer Hershey

Owosso Michigan Real Estate

Owosso, Michigan, is located in Shiawassee County, 25 miles W of Flint, Michigan and 74 miles NW of Detroit, Michigan. Owosso has a population of 15,713.

Owosso Homes

Owosso properties pool is 6,309 residential properties including Owosso new homes. Median age of real estate in Owosso is 1945. Average Household size is 3.03 people. 2% are one bedroom homes, 23% are 2 bedroom homes, 53% are 3 bedroom homes, 18% are 4 bedroom homes, and 3% are 5+ bedroom homes.

Owosso Mortgage Statistics

Owosso mortgages vs. USA median statistics

Homes Owosso USA
Homes With No Mortgage 35%
30%
Homes With Mortgage 65%
70%
First Mortgage Only 52%
54%
First & Second Mortgage or HELOC 13%
16%

Owosso Area Real Estate Tax

Owosso Real estate Tax: Median Real Estate Taxes (2000) were $1,049 comparing to 1999 Median Family income $ 40,355. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Owosso School District: Children make up 27.3% of Owosso population. Owosso has 4,293 under 18 years old residents, or 0.59 kids per one worker, or 0.68 kids per one household.

Owosso Real Estate & Owosso Homeownership

There are 1892.7 or 30% one person households, 2018.88 or 32% two person households, and 1009.44 or 16% three person households in Owosso, Michigan. Median residents age is 34.2, Senior citizens (65+) make up 2,116 or 13.5%% of Owosso population.

There are 7,243 workers (over 16 years of age) in Owosso. Of these, 91.9% drive to work. Approximately 0.1% of workers in Owosso take public transportation. An estimated 3.76% walk to work.

Median Owosso homeowner's housing expences are 16.7%

Crime in Owosso (2003), crimes per 10,000 residents per year

Type of Crime Owosso USA, 2003
Violent Crimes
29.28
47.5
Robberies
1.27
14.2
Aggravated Assaults
20.37
29.5
Property Crimes
347.48
358.8
Burglaries
57.28
74.0
Larceny-Thefts
273.02
241.5
Motor Vehicle Thefts
17.18
43.3

Invest in Owosso Properties

When making a decision about buying real estate in Owosso Michigan area, you should consider following statistical data:

Category Owosso USA
Near Medium City
Flint, Michigan
-
Near Large City
Detroit, Michigan
-
Owosso Zip Codes
48841, 48867
-
Owosso Area Codes
989
-
White population
97.02%
75.1%
African-American population
0.17%
12.3%
Asian
0.38%
3.6%
American Indian & Alaskan
0.6%
0.9%
Hispanic (of any race)
2.96%
12.5%
Median Family Income (1999)
$ 40,355%
$42,000
Population Below Poverty Level
13%
12.4%

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