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Mayville Community

Learn about the people, housing, costs and businesses in Mayville Community, Michigan

Median Home$232,293
Median Rent$1,165/month
Population97,191
Leading IndustriesManufacturing · Professional Services · Information & Media1% manufacturing
Home Value Growth⬆⬆+17.0% over 2 years
Young Adults34% of residentswell above average
Homeowners65% of occupied units
NotableVeteran Community8% of residents · top 27% nationally
Mayville Community
MI

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Mayville Community?

As of today, the 30-year fixed mortgage rate for Mayville Community is approximately 6.944% (6.982% 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 Mayville Community?

The median home value in Mayville Community is $232k. The median monthly rent is $1,165. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mayville Community?

Home values in Mayville Community have increased 17.0% 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 Mayville Community?

Based on a typical all-in ownership cost of $1,195/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mayville Community is $77k/year.

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What industries drive the economy in Mayville Community?

The largest employment sectors in Mayville Community are public administration (23%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.