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Standish-Sterling Community

Learn about the people, housing, costs and businesses in Standish-Sterling Community, Michigan

Median Home$316,167
Median Rent$1,435/month
Population455,358
Leading IndustriesHealthcare · Arts, Food & Hospitality · Manufacturing14% healthcare
Home Value Growth+8.7% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners57% of occupied units
NotableVeteran Community10% of residents · top 9% nationally
NotableHighly Educated23% bachelor's · 11% graduate · top 20% nationally
Standish-Sterling Community
MI

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Frequently Asked Questions

What are today's mortgage rates in Standish-Sterling Community?

As of today, the 30-year fixed mortgage rate for Standish-Sterling Community is approximately 6.919% (6.956% 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 Standish-Sterling Community
What is the median home price in Standish-Sterling Community?

The median home value in Standish-Sterling Community is $316k. The median monthly rent is $1,435. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Standish-Sterling Community?

Home values in Standish-Sterling Community have increased 8.7% 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 Standish-Sterling Community?

Based on a typical all-in ownership cost of $1,476/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $63k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Standish-Sterling Community is $85k/year.

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What industries drive the economy in Standish-Sterling Community?

The largest employment sectors in Standish-Sterling Community are public administration (22%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.