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Dimondale

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

Median Home$242,800
Median Rent$877/month
Population1,217
Leading IndustriesPublic Administration · Transportation · Education27% public administration
Home Value Growth⬆⬆+15.1% over 2 years
Retirees23% of residentsslightly above average
Homeowners96% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
NotableHigh Incomes$113k/year · top 11% nationally
Dimondale
MI

Frequently Asked Questions

What are today's mortgage rates in Dimondale?

As of today, the 30-year fixed mortgage rate for Dimondale is approximately 6.941% (6.979% 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 Dimondale?

The median home value in Dimondale is $243k. The median monthly rent is $877. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Dimondale?

Home values in Dimondale have increased 15.1% 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 Dimondale?

Based on a typical all-in ownership cost of $1,295/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $56k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Dimondale is $113k/year.

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What industries drive the economy in Dimondale?

The largest employment sectors in Dimondale are public administration (27%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.