Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

McBain

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

Median Home$173,100
Median Rent$800/month
Population636
Leading IndustriesManufacturing · Transportation · Agriculture & Mining4% manufacturing
Home Value Growth⬆⬆+18.8% over 2 years
Family-Friendly38% of residentstop 1% nationally
Homeowners83% of occupied units
NotableTransit85/100 · excellent transit access
McBain
MI

Frequently Asked Questions

What are today's mortgage rates in McBain?

As of today, the 30-year fixed mortgage rate for McBain 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.

View current rates for McBain
What is the median home price in McBain?

The median home value in McBain is $173k. The median monthly rent is $800. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in McBain?

Home values in McBain have increased 18.8% 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 McBain?

Based on a typical all-in ownership cost of $900/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in McBain is $76k/year.

Calculate your buying power
What industries drive the economy in McBain?

The largest employment sectors in McBain are public administration (22%) and agriculture and mining (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.