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Copper

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

Median Home$206,900
Median Rent$1,178/month
Population213
Leading IndustriesConstruction · Agriculture & Mining · Wholesale Trade7% construction
Home Value Growth⬆⬆⬆+29.1% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners95% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Copper City
MI

Frequently Asked Questions

What are today's mortgage rates in Copper?

As of today, the 30-year fixed mortgage rate for Copper is approximately 6.957% (6.998% 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 Copper?

The median home value in Copper is $207k. The median monthly rent is $1,178. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Copper?

Home values in Copper have increased 29.1% 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 Copper?

Based on a typical all-in ownership cost of $777/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 Copper is $74k/year.

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What industries drive the economy in Copper?

The largest employment sectors in Copper are public administration (21%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.