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Mass

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

Median Home$104,809
Median Rent$548/month
Population158
Leading IndustriesPublic Administration · Retail29% public administration
Home Value Growth⬆⬆⬆+55.5% over 2 years
Young Adults40% of residentstop 3% nationally
Homeowners82% of occupied units
NotableAffordable Market$105k median home · lower cost than 90% of the country
Mass City
MI

Frequently Asked Questions

What are today's mortgage rates in Mass?

As of today, the 30-year fixed mortgage rate for Mass is approximately 7.010% (7.050% 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 Mass?

The median home value in Mass is $105k. The median monthly rent is $548. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mass?

Home values in Mass have increased 55.5% 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 Mass?

Based on a typical all-in ownership cost of $618/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mass is $55k/year.

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What industries drive the economy in Mass?

The largest employment sectors in Mass are public administration (29%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.