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Les Cheneaux Community Schools

Learn about the people, housing, costs and businesses in Les Cheneaux Community Schools, Michigan

Median Home$245,453
Median Rent$1,410/month
Population187,766
Leading IndustriesFinance & Insurance · Information & Media · Transportation8% finance & insurance
Home Value Growth⬆⬆+11.3% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners62% of occupied units
Les Cheneaux Community Schools
MI

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Frequently Asked Questions

What are today's mortgage rates in Les Cheneaux Community Schools?

As of today, the 30-year fixed mortgage rate for Les Cheneaux Community Schools is approximately 6.979% (7.018% 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 Les Cheneaux Community Schools
What is the median home price in Les Cheneaux Community Schools?

The median home value in Les Cheneaux Community Schools is $245k. The median monthly rent is $1,410. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Les Cheneaux Community Schools?

Home values in Les Cheneaux Community Schools have increased 11.3% 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 Les Cheneaux Community Schools?

Based on a typical all-in ownership cost of $1,320/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $57k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Les Cheneaux Community Schools is $75k/year.

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What industries drive the economy in Les Cheneaux Community Schools?

The largest employment sectors in Les Cheneaux Community Schools are public administration (20%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.