Safe Rate Local

Clare County

Learn about the people, housing, costs and businesses in Clare County County

Median Home$142,495
Median Rent$793/month
Population31,218
Leading IndustriesEducation · Wholesale Trade · Retail3% education
Home Value Growth⬆⬆+18.9% over 2 years
Retirees26% of residentsabove average nationally
Homeowners87% of occupied units
NotableVeteran Community9% of residents · top 20% nationally
NotableAffordable Market$142k median home · lower cost than 74% of the country
Clare County
MI

Frequently Asked Questions

What are today's mortgage rates in Clare County?

As of today, the 30-year fixed mortgage rate for Clare County is approximately 7.249% (7.285% 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 Clare County
What is the median home price in Clare County?

The median home value in Clare County is $142k. The median monthly rent is $793. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Clare County?

Home values in Clare County have increased 18.9% 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 Clare County?

Based on a typical all-in ownership cost of $723/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 Clare County is $50k/year.

Calculate your buying power
What industries drive the economy in Clare County?

The largest employment sectors in Clare County are public administration (22%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas