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DeWitt

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

Median Home$360,102
Median Rent$1,154/month
Population4,908
Leading IndustriesEducation · Public Administration3% education
Home Value Growth⬆⬆+13.5% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners84% of occupied units
NotableHigh Incomes$118k/year · top 9% nationally
NotableHighly Educated28% bachelor's · 15% graduate · top 12% nationally
DeWitt
MI

Frequently Asked Questions

What are today's mortgage rates in DeWitt?

As of today, the 30-year fixed mortgage rate for DeWitt is approximately 6.921% (6.958% 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 DeWitt?

The median home value in DeWitt is $360k. The median monthly rent is $1,154. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in DeWitt?

Home values in DeWitt have increased 13.5% 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 DeWitt?

Based on a typical all-in ownership cost of $1,642/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $70k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in DeWitt is $118k/year.

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What industries drive the economy in DeWitt?

The largest employment sectors in DeWitt are public administration (28%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.