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Clio

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

Median Home$138,200
Median Rent$790/month
Population2,185
Leading IndustriesArts, Food & Hospitality · Healthcare21% arts, food & hospitality
Home Value Growth⬆⬆+14.2% over 2 years
Retirees21% of residentsnear the national average
Homeowners55% of occupied units
NotableAmenity Score83/100 · highly walkable area
NotableAffordable Market$138k median home · lower cost than 78% of the country
Clio
MI

Frequently Asked Questions

What are today's mortgage rates in Clio?

As of today, the 30-year fixed mortgage rate for Clio is approximately 6.894% (6.930% 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 Clio?

The median home value in Clio is $138k. The median monthly rent is $790. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Clio?

Home values in Clio have increased 14.2% 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 Clio?

Based on a typical all-in ownership cost of $809/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Clio is $53k/year.

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What industries drive the economy in Clio?

The largest employment sectors in Clio are healthcare (23%) and arts, food, and hospitality (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.