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Mulliken

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

Median Home$228,200
Median Rent$1,176/month
Population513
Leading IndustryRetail14% of local workforce
Home Value Growth⬆⬆+15.1% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners94% of occupied units
NotableHigh Incomes$89k/year · top 26% nationally
Mulliken
MI

Frequently Asked Questions

What are today's mortgage rates in Mulliken?

As of today, the 30-year fixed mortgage rate for Mulliken is approximately 6.991% (7.030% 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 Mulliken?

The median home value in Mulliken is $228k. The median monthly rent is $1,176. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mulliken?

Home values in Mulliken have increased 15.1% 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 Mulliken?

Based on a typical all-in ownership cost of $1,073/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 Mulliken is $89k/year.

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What industries drive the economy in Mulliken?

The largest employment sectors in Mulliken are public administration (23%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.