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Dollar Bay-Tamarack City Area Schools

Learn about the people, housing, costs and businesses in Dollar Bay-Tamarack City Area Schools, Michigan

Median Home$358,310
Median Rent$1,240/month
Population11,327
Leading IndustriesArts, Food & Hospitality · Healthcare · Public Administration11% arts, food & hospitality
Home Value Growth⬆⬆⬆+25.3% over 2 years
Retirees26% of residentswell above average
Homeowners83% of occupied units
NotableHighly Educated25% bachelor's · 13% graduate · top 15% nationally
NotableHigh Incomes$94k/year · top 20% nationally
Dollar Bay-Tamarack City Area Schools
MI

Explore Dollar Bay-Tamarack City Area Schools

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Dollar Bay-Tamarack City Area Schools?

As of today, the 30-year fixed mortgage rate for Dollar Bay-Tamarack City Area Schools is approximately 6.893% (6.929% 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 Dollar Bay-Tamarack City Area Schools?

The median home value in Dollar Bay-Tamarack City Area Schools is $358k. The median monthly rent is $1,240. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Dollar Bay-Tamarack City Area Schools?

Home values in Dollar Bay-Tamarack City Area Schools have increased 25.3% 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 Dollar Bay-Tamarack City Area Schools?

Based on a typical all-in ownership cost of $1,231/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $53k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Dollar Bay-Tamarack City Area Schools is $94k/year.

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What industries drive the economy in Dollar Bay-Tamarack City Area Schools?

The largest employment sectors in Dollar Bay-Tamarack City Area Schools are public administration (27%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.