Home/Michigan/Gratiot County

Gratiot County Housing Market

Michigan · 83 counties · Ranked #915 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$136,800

vs national$136,800 vs $281,900 national

Median Gross Rent

$808/mo

vs national$808 vs $1,163 national

Effective Tax Rate

1.27%

vs national+1.27% vs 1.02% national

Median Household Income

$61,128

vs national$61,128 vs $74,755 national

Affordability Ratio

2.2x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

30.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,739

Tax as % of Home Value

1.27%

Monthly Owner Cost

$912

Renter Income

$36,410

Take Action

Property Tax

Lower Your Property Tax

Ownwell can help you appeal your property tax assessment. Average savings: $$261+/year.

Mortgage

Compare Mortgage Rates

See current mortgage rates from multiple lenders. Shop and compare to find your best rate.

Home Search

Browse Homes on Zillow

Search active listings in Gratiot County. See photos, prices, and open house dates.

Similar Counties by Home Value

Explore Related Data

Frequently Asked Questions

What is the median home value in Gratiot County?

The median home value in Gratiot County is $136,800. This is below the national median of $281,900.

How much is rent in Gratiot County?

The median gross rent in Gratiot County is $808 per month.

What is the property tax rate in Gratiot County?

The effective property tax rate in Gratiot County is 1.27%. The median annual property tax bill is $1,739.

Is Gratiot County affordable?

With a home-value-to-income ratio of 2.2x, Gratiot County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.