Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Manistique

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

Median Home$99,339
Median Rent$668/month
Population2,815
Leading IndustriesRetail · Wholesale Trade19% retail
Home Value Growth⬆⬆⬆+31.0% over 2 years
Young Adults28% of residentsnear the national average
Homeowners79% of occupied units
NotableAffordable Market$99k median home · lower cost than 92% of the country
Manistique
MI

Frequently Asked Questions

What are today's mortgage rates in Manistique?

As of today, the 30-year fixed mortgage rate for Manistique is approximately 7.020% (7.064% 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 Manistique
What is the median home price in Manistique?

The median home value in Manistique is $99k. The median monthly rent is $668. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Manistique?

Home values in Manistique have increased 31.0% 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 Manistique?

Based on a typical all-in ownership cost of $638/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $27k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Manistique is $40k/year.

Calculate your buying power
What industries drive the economy in Manistique?

The largest employment sectors in Manistique are public administration (23%) and retail (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.