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Muskegon Heights

Learn about the people, housing, costs and businesses in Muskegon Heights, Michigan

Median Home$77,650
Median Rent$846/month
Population9,841
Leading IndustriesRetail · Public Administration · Finance & Insurance21% retail
Home Value Growth⬆⬆+12.3% over 2 years
Family-Friendly30% of residentstop 4% nationally
Renters55% of occupied units
NotableTransit81/100 · excellent transit access
NotableAffordable Market$78k median home · lower cost than 98% of the country
Muskegon Heights
MI

Frequently Asked Questions

What are today's mortgage rates in Muskegon Heights?

As of today, the 30-year fixed mortgage rate for Muskegon Heights is approximately 7.092% (7.138% 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 Muskegon Heights
What is the median home price in Muskegon Heights?

The median home value in Muskegon Heights is $78k. The median monthly rent is $846. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Muskegon Heights?

Home values in Muskegon Heights have increased 12.3% 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 Muskegon Heights?

Based on a typical all-in ownership cost of $770/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Muskegon Heights is $37k/year.

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What industries drive the economy in Muskegon Heights?

The largest employment sectors in Muskegon Heights are public administration (28%) and retail (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.