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Dorr

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

Median Home$292,868
Median Rent$1,646/month
Population3,572
Leading IndustriesManufacturing · Public Administration · Professional Services2% manufacturing
Home Value Growth⬆⬆+19.0% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners98% of occupied units
NotableHigh Incomes$96k/year · top 19% nationally
Dorr
MI

Frequently Asked Questions

What are today's mortgage rates in Dorr?

As of today, the 30-year fixed mortgage rate for Dorr is approximately 6.942% (6.980% 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 Dorr?

The median home value in Dorr is $293k. The median monthly rent is $1,646. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Dorr?

Home values in Dorr have increased 19.0% 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 Dorr?

Based on a typical all-in ownership cost of $1,081/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $46k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Dorr is $96k/year.

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What industries drive the economy in Dorr?

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