Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Carsonville

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

Median Home$125,700
Median Rent$844/month
Population477
Leading IndustriesRetail · Construction · Agriculture & Mining23% retail
Home Value Growth⬆⬆⬆+35.1% over 2 years
Young Adults29% of residentsslightly above average
Homeowners80% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableAffordable Market$126k median home · lower cost than 82% of the country
Carsonville
MI

Frequently Asked Questions

What are today's mortgage rates in Carsonville?

As of today, the 30-year fixed mortgage rate for Carsonville is approximately 7.328% (7.379% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Carsonville
What is the median home price in Carsonville?

The median home value in Carsonville is $126k. The median monthly rent is $844. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Carsonville?

Home values in Carsonville have increased 35.1% 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 Carsonville?

Based on a typical all-in ownership cost of $759/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Carsonville is $58k/year.

Calculate your buying power
What industries drive the economy in Carsonville?

The largest employment sectors in Carsonville are retail (23%) and public administration (22%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.