Safe Rate Local

Iosco County

Learn about the people, housing, costs and businesses in Iosco County County

Median Home$145,464
Median Rent$743/month
Population25,347
Leading IndustriesFinance & Insurance · Information & Media · Wholesale Trade8% finance & insurance
Home Value Growth⬆⬆⬆+31.3% over 2 years
Retirees31% of residentstop 3% nationally
Homeowners82% of occupied units
NotableTransit84/100 · excellent transit access
NotableVeteran Community11% of residents · top 7% nationally
Iosco County
MI

Frequently Asked Questions

What are today's mortgage rates in Iosco County?

As of today, the 30-year fixed mortgage rate for Iosco County is approximately 7.140% (7.172% 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 Iosco County
What is the median home price in Iosco County?

The median home value in Iosco County is $145k. The median monthly rent is $743. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Iosco County?

Home values in Iosco County have increased 31.3% 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 Iosco County?

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 Iosco County is $52k/year.

Calculate your buying power
What industries drive the economy in Iosco County?

The largest employment sectors in Iosco County are public administration (20%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas