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Brethren

Learn about the people, housing, costs and businesses in Brethren, Michigan

Median Home$191,200
Median Rent$1,096/month
Population343
Leading IndustriesProfessional Services · Finance & Insurance · Education3% professional services
Home Value Growth+10.8% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners93% of occupied units
NotableVeteran Community13% of residents · top 4% nationally
Brethren
MI

Frequently Asked Questions

What are today's mortgage rates in Brethren?

As of today, the 30-year fixed mortgage rate for Brethren is approximately 6.978% (7.017% 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 Brethren?

The median home value in Brethren is $191k. The median monthly rent is $1,096. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Brethren?

Home values in Brethren have increased 10.8% 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 Brethren?

Based on a typical all-in ownership cost of $787/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Brethren is $59k/year.

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What industries drive the economy in Brethren?

The largest employment sectors in Brethren are public administration (23%) and retail (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.