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Manton

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

Median Home$156,600
Median Rent$841/month
Population1,256
Leading IndustriesRetail · Finance & Insurance · Arts, Food & Hospitality16% retail
Home Value Growth⬆⬆+18.2% over 2 years
Young Adults29% of residentsslightly above average
Homeowners84% of occupied units
NotableAffordable Market$157k median home · lower cost than 71% of the country
Manton
MI

Frequently Asked Questions

What are today's mortgage rates in Manton?

As of today, the 30-year fixed mortgage rate for Manton is approximately 6.970% (7.009% 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 Manton?

The median home value in Manton is $157k. The median monthly rent is $841. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Manton?

Home values in Manton have increased 18.2% 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 Manton?

Based on a typical all-in ownership cost of $814/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Manton is $55k/year.

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What industries drive the economy in Manton?

The largest employment sectors in Manton are public administration (24%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.