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Montmorency County

Learn about the people, housing, costs and businesses in Montmorency County County

Median Home$158,528
Median Rent$686/month
Population9,516
Leading IndustriesManufacturing · Retail · Wholesale Trade3% manufacturing
Home Value Growth⬆⬆⬆+36.2% over 2 years
Retirees33% of residentstop 2% nationally
Homeowners88% of occupied units
NotableVeteran Community10% of residents · top 12% nationally
Montmorency County
MI

Frequently Asked Questions

What are today's mortgage rates in Montmorency County?

As of today, the 30-year fixed mortgage rate for Montmorency County is approximately 7.105% (7.136% 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 Montmorency County?

The median home value in Montmorency County is $159k. The median monthly rent is $686. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Montmorency County?

Home values in Montmorency County have increased 36.2% 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 Montmorency County?

Based on a typical all-in ownership cost of $695/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Montmorency County is $52k/year.

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What industries drive the economy in Montmorency County?

The largest employment sectors in Montmorency County are public administration (19%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas