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Learn about the people, housing, costs and businesses in Iron Mountain, Michigan
Real local data across mortgage, insurance, natural hazard, and place.
Rates, calculators, and lender comparisons
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Iron Mountain.
True all-in cost — P&I, taxes, insurance & utilities for homes in Iron Mountain.
Find and compare lenders active near Iron Mountain.
Homeowners, flood, and specialty coverage estimates
Flood, earthquake, and wildfire risk data
FEMA flood zones and flood insurance estimates for Iron Mountain.
Seismic risk and earthquake insurance estimates for Iron Mountain.
Wildfire exposure and insurance estimates for Iron Mountain.
As of today, the 30-year fixed mortgage rate for Iron Mountain is approximately 6.906% (6.942% 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 Iron MountainThe median home value in Iron Mountain is $316k. The median monthly rent is $1,229. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Iron Mountain have increased 11.7% 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.
Based on a typical all-in ownership cost of $1,449/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $62k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Iron Mountain is $89k/year.
Calculate your buying powerThe largest employment sectors in Iron Mountain are public administration (26%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.