Local
Learn about the people, housing, costs and businesses in Houghton Lake, Michigan
Real local data across mortgage, insurance, natural hazard, and place.
Rates, calculators, and lender comparisons
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Houghton Lake.
True all-in cost — P&I, taxes, insurance & utilities for homes in Houghton Lake.
Find and compare lenders active near Houghton Lake.
Homeowners, flood, and specialty coverage estimates
Flood, earthquake, and wildfire risk data
FEMA flood zones and flood insurance estimates for Houghton Lake.
Seismic risk and earthquake insurance estimates for Houghton Lake.
Wildfire exposure and insurance estimates for Houghton Lake.
Cost of living, demographics, and community profile
As of today, the 30-year fixed mortgage rate for Houghton Lake is approximately 7.005% (7.045% 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 Houghton LakeThe median home value in Houghton Lake is $131k. The median monthly rent is $876. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Houghton Lake have increased 8.0% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $670/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Houghton Lake is $55k/year.
Calculate your buying powerThe largest employment sectors in Houghton Lake are public administration (23%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.