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Hillman Community Schools

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

Median Home$244,745
Median Rent$1,054/month
Population50,706
Leading IndustriesWholesale Trade · Manufacturing · Professional Services10% wholesale trade
Home Value Growth⬆⬆⬆+21.7% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners77% of occupied units
Hillman Community Schools
MI

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Frequently Asked Questions

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

As of today, the 30-year fixed mortgage rate for Hillman Community Schools is approximately 6.967% (7.006% 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 Hillman Community Schools?

The median home value in Hillman Community Schools is $245k. The median monthly rent is $1,054. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hillman Community Schools?

Home values in Hillman Community Schools have increased 21.7% 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 Hillman Community Schools?

Based on a typical all-in ownership cost of $1,191/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hillman Community Schools is $75k/year.

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What industries drive the economy in Hillman Community Schools?

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