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Brown City Community

Learn about the people, housing, costs and businesses in Brown City Community, Michigan

Median Home$216,104
Median Rent$790/month
Population5,282
Leading IndustriesTransportation · Wholesale Trade · Retail5% transportation
Home Value Growth⬆⬆+12.9% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners85% of occupied units
Brown City Community
MI

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Brown City Community?

As of today, the 30-year fixed mortgage rate for Brown City Community is approximately 7.021% (7.065% 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 Brown City Community?

The median home value in Brown City Community is $216k. The median monthly rent is $790. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Brown City Community?

Home values in Brown City Community have increased 12.9% 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 Brown City Community?

Based on a typical all-in ownership cost of $931/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Brown City Community is $68k/year.

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What industries drive the economy in Brown City Community?

The largest employment sectors in Brown City Community are public administration (22%) and retail (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.