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Whittemore-Prescott Area Schools

Learn about the people, housing, costs and businesses in Whittemore-Prescott Area Schools, Michigan

Median Home$91,242
Median Rent$791/month
Population8,828
Leading IndustriesHealthcare · Professional Services · Arts, Food & Hospitality24% healthcare
Home Value Growth⬆⬆⬆+36.9% over 2 years
Young Adults28% of residentsnear the national average
Homeowners85% of occupied units
NotableHighly Educated27% bachelor's · 18% graduate · top 10% nationally
NotableAffordable Market$91k median home · lower cost than 98% of the country
Whittemore-Prescott Area Schools
MI

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Frequently Asked Questions

What are today's mortgage rates in Whittemore-Prescott Area Schools?

As of today, the 30-year fixed mortgage rate for Whittemore-Prescott Area Schools is approximately 7.269% (7.319% 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 Whittemore-Prescott Area Schools
What is the median home price in Whittemore-Prescott Area Schools?

The median home value in Whittemore-Prescott Area Schools is $91k. The median monthly rent is $791. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Whittemore-Prescott Area Schools?

Home values in Whittemore-Prescott Area Schools have increased 36.9% 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 Whittemore-Prescott Area Schools?

Based on a typical all-in ownership cost of $613/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Whittemore-Prescott Area Schools is $48k/year.

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What industries drive the economy in Whittemore-Prescott Area Schools?

The largest employment sectors in Whittemore-Prescott Area Schools are healthcare (24%) and public administration (22%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.