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Ypsilanti Community Schools

Learn about the people, housing, costs and businesses in Ypsilanti Community Schools, Michigan

Median Home$219,203
Median Rent$1,239/month
Population62,495
Leading IndustriesPublic Administration · Education · Healthcare33% public administration
Home Value Growth⬆⬆+13.9% over 2 years
Young Adults43% of residentstop 1% nationally
Renters51% of occupied units
NotableHighly Educated25% bachelor's · 13% graduate · top 15% nationally
Ypsilanti Community Schools
MI

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Frequently Asked Questions

What are today's mortgage rates in Ypsilanti Community Schools?

As of today, the 30-year fixed mortgage rate for Ypsilanti Community Schools is approximately 7.026% (7.067% 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 Ypsilanti Community Schools
What is the median home price in Ypsilanti Community Schools?

The median home value in Ypsilanti Community Schools is $219k. The median monthly rent is $1,239. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ypsilanti Community Schools?

Home values in Ypsilanti Community Schools have increased 13.9% 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 Ypsilanti Community Schools?

Based on a typical all-in ownership cost of $1,202/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $52k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ypsilanti Community Schools is $64k/year.

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What industries drive the economy in Ypsilanti Community Schools?

The largest employment sectors in Ypsilanti Community Schools are public administration (33%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.