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Howell

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

Median Home$262,957
Median Rent$1,217/month
Population9,963
Leading IndustriesRetail · Transportation · Education20% retail
Home Value Growth⬆⬆+12.4% over 2 years
Young Adults32% of residentsabove average nationally
Homeowners54% of occupied units
NotableAmenity Score81/100 · highly walkable area
NotableTransit80/100 · excellent transit access
Howell
MI

Frequently Asked Questions

What are today's mortgage rates in Howell?

As of today, the 30-year fixed mortgage rate for Howell is approximately 7.011% (7.051% 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 Howell?

The median home value in Howell is $263k. The median monthly rent is $1,217. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Howell?

Home values in Howell have increased 12.4% 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 Howell?

Based on a typical all-in ownership cost of $1,226/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $53k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Howell is $63k/year.

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What industries drive the economy in Howell?

The largest employment sectors in Howell are public administration (23%) and retail (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.