Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Roosevelt Park

Learn about the people, housing, costs and businesses in Roosevelt Park, Michigan

Median Home$193,300
Median Rent$1,114/month
Population4,144
Leading IndustriesRetail · Finance & Insurance · Information & Media19% retail
Home Value Growth⬆⬆+12.8% over 2 years
Young Adults28% of residentsnear the national average
Homeowners66% of occupied units
NotableAmenity Score81/100 · highly walkable area
Roosevelt Park
MI

Frequently Asked Questions

What are today's mortgage rates in Roosevelt Park?

As of today, the 30-year fixed mortgage rate for Roosevelt Park is approximately 7.029% (7.070% 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 Roosevelt Park
What is the median home price in Roosevelt Park?

The median home value in Roosevelt Park is $193k. The median monthly rent is $1,114. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Roosevelt Park?

Home values in Roosevelt Park have increased 12.8% 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 Roosevelt Park?

Based on a typical all-in ownership cost of $1,085/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $47k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Roosevelt Park is $63k/year.

Calculate your buying power
What industries drive the economy in Roosevelt Park?

The largest employment sectors in Roosevelt Park are public administration (24%) and retail (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.