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Grawn

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

Median Home$252,758
Median Rent$664/month
Population842
Leading IndustriesManufacturing · Public Administration · Arts, Food & Hospitality2% manufacturing
Home Value Growth⬆⬆⬆+24.6% over 2 years
Retirees23% of residentsslightly above average
Homeowners85% of occupied units
Grawn
MI

Frequently Asked Questions

What are today's mortgage rates in Grawn?

As of today, the 30-year fixed mortgage rate for Grawn is approximately 6.930% (6.967% 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 Grawn?

The median home value in Grawn is $253k. The median monthly rent is $664. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Grawn?

Home values in Grawn have increased 24.6% 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 Grawn?

Based on a typical all-in ownership cost of $1,028/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Grawn is $72k/year.

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What industries drive the economy in Grawn?

The largest employment sectors in Grawn are public administration (28%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.