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North Adams-Jerome Schools

Learn about the people, housing, costs and businesses in North Adams-Jerome Schools, Michigan

Median Home$157,929
Median Rent$824/month
Population19,218
Leading IndustriesRetail · Finance & Insurance · Information & Media17% retail
Home Value Growth⬆⬆+18.1% over 2 years
Retirees23% of residentsslightly above average
Homeowners81% of occupied units
NotableVeteran Community9% of residents · top 15% nationally
NotableAffordable Market$158k median home · lower cost than 80% of the country
North Adams-Jerome Schools
MI

Explore North Adams-Jerome Schools

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

Frequently Asked Questions

What are today's mortgage rates in North Adams-Jerome Schools?

As of today, the 30-year fixed mortgage rate for North Adams-Jerome Schools is approximately 6.995% (7.038% 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 North Adams-Jerome Schools?

The median home value in North Adams-Jerome Schools is $158k. The median monthly rent is $824. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in North Adams-Jerome Schools?

Home values in North Adams-Jerome Schools have increased 18.1% 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 North Adams-Jerome Schools?

Based on a typical all-in ownership cost of $816/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in North Adams-Jerome Schools is $64k/year.

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What industries drive the economy in North Adams-Jerome Schools?

The largest employment sectors in North Adams-Jerome Schools are public administration (22%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.