Antrim County, MI real estate

What the numbers say

Antrim County, MI real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

Homeowners in Antrim County pay a median of $2,157 a year in property taxes on a median home value of $255,500, an effective rate of about 0.84%. The Michigan average is 1.25%, which makes Antrim County the #6 lowest-tax of 83 counties in the state with published tax data.

Renters pay a median of $902 a month, and $938 for a two-bedroom. At today's prices a typical home costs about 24 times a year's rent, which generally favors renting over buying in the short term.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $256,000 home here comes to about $1,679 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $72,000 a year (the median household here earns $72,054).