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Eastpointe

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

Median Home$143,430
Median Rent$1,374/month
Population33,982
Leading IndustryRetail20% of local workforce
Home Value Growth⬆⬆+14.1% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners70% of occupied units
NotableAmenity Score70/100 · highly walkable area
Eastpointe
MI

Frequently Asked Questions

What are today's mortgage rates in Eastpointe?

As of today, the 30-year fixed mortgage rate for Eastpointe is approximately 7.263% (7.313% 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 Eastpointe?

The median home value in Eastpointe is $143k. The median monthly rent is $1,374. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Eastpointe?

Home values in Eastpointe have increased 14.1% 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 Eastpointe?

Based on a typical all-in ownership cost of $1,083/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 Eastpointe is $63k/year.

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What industries drive the economy in Eastpointe?

The largest employment sectors in Eastpointe are retail (20%) and public administration (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.