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Hillsdale County Housing Market

Michigan · 83 counties · Ranked #1504 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$170,500

vs national$170,500 vs $281,900 national

Median Gross Rent

$801/mo

vs national$801 vs $1,163 national

Effective Tax Rate

0.96%

vs national0.96% vs 1.02% national

Median Household Income

$60,869

vs national$60,869 vs $74,755 national

Affordability Ratio

2.8x

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

Rent Burden

27.0%

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

More Housing Data

Property Tax (Median)

$1,644

Tax as % of Home Value

0.96%

Monthly Owner Cost

$850

Renter Income

$34,375

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Hillsdale County?

The median home value in Hillsdale County is $170,500. This is below the national median of $281,900.

How much is rent in Hillsdale County?

The median gross rent in Hillsdale County is $801 per month.

What is the property tax rate in Hillsdale County?

The effective property tax rate in Hillsdale County is 0.96%. The median annual property tax bill is $1,644.

Is Hillsdale County affordable?

With a home-value-to-income ratio of 2.8x, Hillsdale 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.