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Atlantic Mine

Learn about the people, housing, costs and businesses in Atlantic Mine, Michigan

Median Home$205,097
Median Rent$1,022/month
Population521
Leading IndustriesConstruction · Agriculture & Mining · Information & Media10% construction
Home Value Growth⬆⬆+20.9% over 2 years
Retirees25% of residentsabove average nationally
Homeowners79% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Atlantic Mine
MI

Frequently Asked Questions

What are today's mortgage rates in Atlantic Mine?

As of today, the 30-year fixed mortgage rate for Atlantic Mine is approximately 7.067% (7.109% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Atlantic Mine?

The median home value in Atlantic Mine is $205k. The median monthly rent is $1,022. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Atlantic Mine?

Home values in Atlantic Mine have increased 20.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Atlantic Mine?

Based on a typical all-in ownership cost of $956/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Atlantic Mine is $78k/year.

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What industries drive the economy in Atlantic Mine?

The largest employment sectors in Atlantic Mine are public administration (27%) and agriculture and mining (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.