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Gaylord Community Schools

Learn about the people, housing, costs and businesses in Gaylord Community Schools, Michigan

Median Home$223,923
Median Rent$1,066/month
Population21,501
Leading IndustriesTransportation · Manufacturing · Education4% transportation
Home Value Growth⬆⬆⬆+24.5% over 2 years
Retirees23% of residentsslightly above average
Homeowners76% of occupied units
NotableVeteran Community10% of residents · top 9% nationally
Gaylord Community Schools
MI

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Frequently Asked Questions

What are today's mortgage rates in Gaylord Community Schools?

As of today, the 30-year fixed mortgage rate for Gaylord Community Schools is approximately 7.007% (7.047% 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 Gaylord Community Schools?

The median home value in Gaylord Community Schools is $224k. The median monthly rent is $1,066. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Gaylord Community Schools?

Home values in Gaylord Community Schools have increased 24.5% 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 Gaylord Community Schools?

Based on a typical all-in ownership cost of $1,042/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $45k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Gaylord Community Schools is $73k/year.

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What industries drive the economy in Gaylord Community Schools?

The largest employment sectors in Gaylord Community Schools are public administration (22%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.