Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Empire area can be challenging. Home prices in Empire are now at a median cost of $438,564, higher than the Michigan average of $196,062.
The average cost of rent is $504/mo in Empire, primarily driven by the current value of real estate in the Empire area. While nearly 47.88% of residents own their homes outright in Empire, 8.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in Empire is $6,807 per month. Households that rent pay about 7.40% of their income on rent here. Empire's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Glen Arbor, MI: higher priced homes
- Maple City, MI: less expensive homes
- Honor, MI: less expensive homes
- Lake Ann, MI: less expensive homes
- Maple Grove, MI: less expensive homes
- Solon, MI: less expensive homes
- Beulah, MI: less expensive homes
- Cedar, MI: less expensive homes
- Interlochen, MI: less expensive homes
- Isadore, MI: less expensive homes
Cities with Similar Populations
- Unionville Center, OH: less expensive homes
- Coverdale Crossroads, DE: less expensive homes
- Dailey, MI: less expensive homes
- Diablo, CA: higher priced homes
- Edgewood, IA: less expensive homes
- Edison, OH: less expensive homes
- Erie, KS: less expensive homes
- Farmdale, OH: less expensive homes
- Felda, FL: less expensive homes
- Stovall, NC: less expensive homes
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