Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Trowbridge Park

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

Median Home$288,681
Median Rent$1,171/month
Population2,343
Leading IndustriesProfessional Services · Public Administration · Manufacturing4% professional services
Home Value Growth⬆⬆+14.5% over 2 years
Young Adults32% of residentsabove average nationally
Homeowners55% of occupied units
NotableAmenity Score77/100 · highly walkable area
Trowbridge Park
MI

Frequently Asked Questions

What are today's mortgage rates in Trowbridge Park?

As of today, the 30-year fixed mortgage rate for Trowbridge Park is approximately 6.965% (7.004% 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 Trowbridge Park
What is the median home price in Trowbridge Park?

The median home value in Trowbridge Park is $289k. The median monthly rent is $1,171. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Trowbridge Park?

Home values in Trowbridge Park have increased 14.5% 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 Trowbridge Park?

Based on a typical all-in ownership cost of $1,168/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $50k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Trowbridge Park is $53k/year.

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

The largest employment sectors in Trowbridge Park are public administration (32%) and information and media (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.