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Columbiaville

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

Median Home$176,500
Median Rent$625/month
Population686
Leading IndustriesRetail · Wholesale Trade25% retail
Home Value Growth⬆⬆+11.0% over 2 years
Young Adults28% of residentsnear the national average
Homeowners85% of occupied units
Columbiaville
MI

Frequently Asked Questions

What are today's mortgage rates in Columbiaville?

As of today, the 30-year fixed mortgage rate for Columbiaville is approximately 7.027% (7.068% 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 Columbiaville?

The median home value in Columbiaville is $177k. The median monthly rent is $625. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Columbiaville?

Home values in Columbiaville have increased 11.0% 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 Columbiaville?

Based on a typical all-in ownership cost of $863/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 Columbiaville is $55k/year.

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What industries drive the economy in Columbiaville?

The largest employment sectors in Columbiaville are retail (25%) and public administration (22%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.