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Perrinton

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

Median Home$209,900
Median Rent$930/month
Population404
Leading IndustriesPublic Administration · Arts, Food & Hospitality · Transportation28% public administration
Home Value Growth+9.3% over 2 years
Retirees23% of residentsslightly above average
Homeowners81% of occupied units
Perrinton
MI

Frequently Asked Questions

What are today's mortgage rates in Perrinton?

As of today, the 30-year fixed mortgage rate for Perrinton is approximately 6.923% (6.960% 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 Perrinton?

The median home value in Perrinton is $210k. The median monthly rent is $930. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Perrinton?

Home values in Perrinton have increased 9.3% over the past two years. This represents moderate growth. 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 Perrinton?

Based on a typical all-in ownership cost of $916/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Perrinton is $78k/year.

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What industries drive the economy in Perrinton?

The largest employment sectors in Perrinton are public administration (28%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.