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Beverly Hills

Learn about the people, housing, costs and businesses in Beverly Hills, Michigan

Median Home$528,947
Median Rent$2,257/month
Population10,508
Leading IndustriesArts, Food & Hospitality · Healthcare · Retail24% arts, food & hospitality
Home Value Growth⬆⬆+19.2% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners95% of occupied units
NotableHigh Incomes$182k/year · top 2% nationally
NotableHighly Educated38% bachelor's · 26% graduate · top 2% nationally
Beverly Hills
MI

Frequently Asked Questions

What are today's mortgage rates in Beverly Hills?

As of today, the 30-year fixed mortgage rate for Beverly Hills is approximately 6.841% (6.875% 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 Beverly Hills?

The median home value in Beverly Hills is $529k. The median monthly rent is $2,257. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Beverly Hills?

Home values in Beverly Hills have increased 19.2% 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 Beverly Hills?

Based on a typical all-in ownership cost of $2,223/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $95k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Beverly Hills is $182k/year.

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What industries drive the economy in Beverly Hills?

The largest employment sectors in Beverly Hills are healthcare (26%) and arts, food, and hospitality (24%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.