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Walkerville

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

Median Home$147,100
Median Rent$853/month
Population258
Leading IndustriesConstruction · Agriculture & Mining · Retail16% construction
Home Value Growth⬆⬆⬆+28.6% over 2 years
Family-Friendly22% of residents
Homeowners91% of occupied units
Walkerville
MI

Frequently Asked Questions

What are today's mortgage rates in Walkerville?

As of today, the 30-year fixed mortgage rate for Walkerville is approximately 7.049% (7.093% 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 Walkerville?

The median home value in Walkerville is $147k. The median monthly rent is $853. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Walkerville?

Home values in Walkerville have increased 28.6% 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 Walkerville?

Based on a typical all-in ownership cost of $691/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 Walkerville is $58k/year.

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What industries drive the economy in Walkerville?

The largest employment sectors in Walkerville are retail (22%) and agriculture and mining (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.