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Lapeer County

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

Median Home$245,293
Median Rent$1,145/month
Population88,837
Leading IndustriesRetail · Wholesale Trade24% retail
Home Value Growth⬆⬆+12.6% over 2 years
Young Adults25% of residents
Homeowners86% of occupied units
NotableHigh Incomes$80k/year · top 22% nationally
Lapeer County
MI

Frequently Asked Questions

What are today's mortgage rates in Lapeer County?

As of today, the 30-year fixed mortgage rate for Lapeer County is approximately 7.106% (7.134% 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 Lapeer County?

The median home value in Lapeer County is $245k. The median monthly rent is $1,145. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lapeer County?

Home values in Lapeer County have increased 12.6% 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 Lapeer County?

Based on a typical all-in ownership cost of $1,095/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $47k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lapeer County is $80k/year.

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What industries drive the economy in Lapeer County?

The largest employment sectors in Lapeer County are retail (24%) and public administration (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas