Kalamazoo Property Management Companies
PROVIDENT Asset Management
- Whether you own a single home, portfolio of single family homes or large apartment communities our experience, knowledge and service philosophy will work for you. Our management fees are based on... View full profile
Offices in multiple locations Are you looking for a professional property management company to oversee your home, condo, apartment building, commercial property or community association? Use our comprehensive directory of Kalamazoo property management companies to find and get quotes from multiple property managers in Kalamazoo, Michigan. You can also read our guide to hiring a property management company which covers everything from understanding property management fees to breaking down the property management contract.
| Kalamazoo | Michigan | U.S. | |
|---|---|---|---|
| Median Home Value | $144,200 | $150,500 | $192,400 |
| Owner Costs > 30% Income | 15.2% | 15.5% | 14.7% |
| Gross Rent > 30% Income | 18.9% | 18.7% | 19.2% |
Kalamazoo Housing Market Stats
As of 2008, the rental vacancy rate in Kalamazoo stood at 9%, relatively high compared to the rest of the country. There are about 144,456 housing units, averaging $144,200 in value, 30% of which are occupied by renters. The rent to price ratio in Kalamazoo is 0.4%, slightly lower than the Michigan average. For 19% of Kalamazoo tenants, 30% or more of their income goes to paying rent.
| Kalamazoo | Michigan | U.S. | |
|---|---|---|---|
| Avg Commute Time (minutes) | 20.1 | 22.8 | 25.3 |
| Median Age | 35.3 | 36.7 | 36.7 |
| Avg Household Size - Owners | 2.61 | 2.64 | 2.7 |
| Avg Household Size - Renters | 2.11 | 2.24 | 2.42 |
| Median Household Income | $45,963 | $48,310 | $52,175 |
| Per Capita Income | $24,628 | $25,832 | $27,466 |
Kalamazoo Demographic Info
Kalamazoo has a population of 322,497, comprised of 127,337 households, with on average 2 members per household. Out of approximately 170,083 people in the civilian workforce, 154,728 (91%) were employed in 2008. 90% of the population 25 and older has earned a high school diploma, with 30% holding a 4 year college degree.