Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Essexville

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

Median Home$128,500
Population3,327
Leading IndustriesConstruction · Agriculture & Mining · Manufacturing6% construction
Home Value Growth⬆⬆+15.3% over 2 years
Retirees22% of residentsnear the national average
Homeowners95% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Essexville
MI

Frequently Asked Questions

What are today's mortgage rates in Essexville?

As of today, the 30-year fixed mortgage rate for Essexville is approximately 6.871% (6.906% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Essexville
What is the median home price in Essexville?

The median home value in Essexville is $129k. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Essexville?

Home values in Essexville have increased 15.3% 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 Essexville?

Based on a typical all-in ownership cost of $928/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Essexville is $75k/year.

Calculate your buying power
What industries drive the economy in Essexville?

The largest employment sectors in Essexville are public administration (21%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.