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Capac

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

Median Home$161,700
Median Rent$772/month
Population1,966
Leading IndustriesRetail · Wholesale Trade24% retail
Home Value Growth⬆⬆+16.5% over 2 years
Young Adults34% of residentswell above average
Homeowners76% of occupied units
NotableAmenity Score69/100 · highly walkable area
NotableAffordable Market$162k median home · lower cost than 69% of the country
Capac
MI

Frequently Asked Questions

What are today's mortgage rates in Capac?

As of today, the 30-year fixed mortgage rate for Capac is approximately 7.063% (7.108% 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 Capac?

The median home value in Capac is $162k. The median monthly rent is $772. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Capac?

Home values in Capac have increased 16.5% 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 Capac?

Based on a typical all-in ownership cost of $860/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Capac is $60k/year.

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What industries drive the economy in Capac?

The largest employment sectors in Capac are retail (24%) and public administration (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.