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Bay Port

Learn about the people, housing, costs and businesses in Bay Port, Michigan

Median Home$141,500
Median Rent$872/month
Population465
Leading IndustriesManufacturing · Healthcare · Arts, Food & Hospitality2% manufacturing
Home Value Growth+5.9% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners76% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Bay Port
MI

Frequently Asked Questions

What are today's mortgage rates in Bay Port?

As of today, the 30-year fixed mortgage rate for Bay Port is approximately 6.921% (6.958% 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 Bay Port?

The median home value in Bay Port is $142k. The median monthly rent is $872. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bay Port?

Home values in Bay Port have increased 5.9% over the past two years. This represents moderate growth. 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 Bay Port?

Based on a typical all-in ownership cost of $824/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bay Port is $63k/year.

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What industries drive the economy in Bay Port?

The largest employment sectors in Bay Port are public administration (25%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.