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Pigeon

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

Median Home$141,500
Median Rent$872/month
Population1,225
Leading IndustriesProfessional Services · Retail · Construction4% professional services
Home Value Growth+5.9% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners76% of occupied units
Pigeon
MI

Frequently Asked Questions

What are today's mortgage rates in Pigeon?

As of today, the 30-year fixed mortgage rate for Pigeon is approximately 7.132% (7.179% 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 Pigeon?

The median home value in Pigeon is $142k. The median monthly rent is $872. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Pigeon?

Home values in Pigeon have increased 5.9% 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 Pigeon?

Based on a typical all-in ownership cost of $824/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 Pigeon is $63k/year.

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What industries drive the economy in Pigeon?

The largest employment sectors in Pigeon are public administration (25%) and retail (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.