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Nunica

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

Median Home$306,000
Median Rent$778/month
Population359
Leading IndustriesProfessional Services · Arts, Food & Hospitality · Healthcare5% professional services
Home Value Growth⬆⬆⬆+21.4% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners88% of occupied units
NotableTransit93/100 · excellent transit access
NotableHighly Educated33% bachelor's · 23% graduate · top 5% nationally
Nunica
MI

Frequently Asked Questions

What are today's mortgage rates in Nunica?

As of today, the 30-year fixed mortgage rate for Nunica is approximately 6.828% (6.862% 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 Nunica?

The median home value in Nunica is $306k. The median monthly rent is $778. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Nunica?

Home values in Nunica have increased 21.4% 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 Nunica?

Based on a typical all-in ownership cost of $977/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Nunica is $90k/year.

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What industries drive the economy in Nunica?

The largest employment sectors in Nunica are public administration (25%) and healthcare (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.