Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Chassell

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

Median Home$169,100
Median Rent$968/month
Population802
Leading IndustriesInformation & Media · Finance & Insurance · Manufacturing10% information & media
Home Value Growth⬆⬆⬆+66.7% over 2 years
Retirees26% of residentsabove average nationally
Homeowners89% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Chassell
MI

Frequently Asked Questions

What are today's mortgage rates in Chassell?

As of today, the 30-year fixed mortgage rate for Chassell is approximately 7.023% (7.064% 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 Chassell
What is the median home price in Chassell?

The median home value in Chassell is $169k. The median monthly rent is $968. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Chassell?

Home values in Chassell have increased 66.7% 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 Chassell?

Based on a typical all-in ownership cost of $724/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Chassell is $71k/year.

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

The largest employment sectors in Chassell are public administration (24%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.