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Ubly

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

Median Home$166,100
Median Rent$775/month
Population804
Leading IndustriesPublic Administration · Arts, Food & Hospitality · Healthcare33% public administration
Home Value Growth⬆⬆+19.5% over 2 years
Retirees40% of residentstop 2% nationally
Homeowners89% of occupied units
NotableHighly Educated27% hold a bachelor's degree · top 14% nationally
NotableAffordable Market$166k median home · lower cost than 67% of the country
Ubly
MI

Frequently Asked Questions

What are today's mortgage rates in Ubly?

As of today, the 30-year fixed mortgage rate for Ubly is approximately 6.889% (6.925% 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 Ubly?

The median home value in Ubly is $166k. The median monthly rent is $775. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ubly?

Home values in Ubly have increased 19.5% 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 Ubly?

Based on a typical all-in ownership cost of $697/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ubly is $69k/year.

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What industries drive the economy in Ubly?

The largest employment sectors in Ubly are public administration (33%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.