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Marine

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

Median Home$159,400
Median Rent$944/month
Population3,927
Leading IndustriesArts, Food & Hospitality · Education · Healthcare12% arts, food & hospitality
Home Value Growth+9.9% over 2 years
Retirees35% of residentstop 3% nationally
Homeowners81% of occupied units
NotableAmenity Score79/100 · highly walkable area
NotableVeteran Community11% of residents · top 9% nationally
Marine City
MI

Frequently Asked Questions

What are today's mortgage rates in Marine?

As of today, the 30-year fixed mortgage rate for Marine is approximately 6.858% (6.893% 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 Marine?

The median home value in Marine is $159k. The median monthly rent is $944. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Marine?

Home values in Marine have increased 9.9% over the past two years. This represents moderate growth. 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 Marine?

Based on a typical all-in ownership cost of $883/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Marine is $68k/year.

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What industries drive the economy in Marine?

The largest employment sectors in Marine are public administration (25%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.