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Grant Public

Learn about the people, housing, costs and businesses in Grant Public, Michigan

Median Home$281,155
Median Rent$1,241/month
Population162,905
Leading IndustryPublic Administration27% of local workforce
Home Value Growth⬆⬆+15.0% over 2 years
Young Adults29% of residentsslightly above average
Homeowners67% of occupied units
Grant Public
MI

Frequently Asked Questions

What are today's mortgage rates in Grant Public?

As of today, the 30-year fixed mortgage rate for Grant Public is approximately 6.921% (6.958% 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 Grant Public?

The median home value in Grant Public is $281k. The median monthly rent is $1,241. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Grant Public?

Home values in Grant Public have increased 15.0% 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 Grant Public?

Based on a typical all-in ownership cost of $1,423/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $61k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Grant Public is $84k/year.

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What industries drive the economy in Grant Public?

The largest employment sectors in Grant Public are public administration (27%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.