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Gladstone

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

Median Home$122,041
Median Rent$844/month
Population5,197
Leading IndustriesManufacturing · Education1% manufacturing
Home Value Growth⬆⬆+12.8% over 2 years
Young Adults28% of residentsnear the national average
Homeowners85% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
NotableAffordable Market$122k median home · lower cost than 84% of the country
Gladstone
MI

Frequently Asked Questions

What are today's mortgage rates in Gladstone?

As of today, the 30-year fixed mortgage rate for Gladstone is approximately 7.021% (7.061% 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 Gladstone?

The median home value in Gladstone is $122k. The median monthly rent is $844. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Gladstone?

Home values in Gladstone have increased 12.8% 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 Gladstone?

Based on a typical all-in ownership cost of $773/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Gladstone is $57k/year.

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What industries drive the economy in Gladstone?

The largest employment sectors in Gladstone are public administration (24%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.