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Hanover-Horton Schools

Learn about the people, housing, costs and businesses in Hanover-Horton Schools, Michigan

Median Home$259,441
Median Rent$1,465/month
Population111,958
Leading IndustriesFinance & Insurance · Information & Media · Healthcare7% finance & insurance
Home Value Growth⬆⬆+15.5% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners67% of occupied units
Hanover-Horton Schools
MI

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Hanover-Horton Schools?

As of today, the 30-year fixed mortgage rate for Hanover-Horton Schools is approximately 6.949% (6.987% 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 Hanover-Horton Schools
What is the median home price in Hanover-Horton Schools?

The median home value in Hanover-Horton Schools is $259k. The median monthly rent is $1,465. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hanover-Horton Schools?

Home values in Hanover-Horton Schools have increased 15.5% 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 Hanover-Horton Schools?

Based on a typical all-in ownership cost of $1,384/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $59k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hanover-Horton Schools is $81k/year.

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What industries drive the economy in Hanover-Horton Schools?

The largest employment sectors in Hanover-Horton Schools are public administration (21%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.