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Mattawan

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

Median Home$280,830
Median Rent$765/month
Population2,422
Leading IndustriesRetail · Public Administration · Arts, Food & Hospitality20% retail
Home Value Growth⬆⬆+17.2% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners88% of occupied units
NotableHigh Incomes$89k/year · top 25% nationally
Mattawan
MI

Frequently Asked Questions

What are today's mortgage rates in Mattawan?

As of today, the 30-year fixed mortgage rate for Mattawan is approximately 6.972% (7.011% 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 Mattawan?

The median home value in Mattawan is $281k. The median monthly rent is $765. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mattawan?

Home values in Mattawan have increased 17.2% 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 Mattawan?

Based on a typical all-in ownership cost of $1,062/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $46k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mattawan is $89k/year.

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What industries drive the economy in Mattawan?

The largest employment sectors in Mattawan are public administration (28%) and retail (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.