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These days, finding an affordable place to live in the Hemlock area can be challenging. Home prices in Hemlock are now at a median cost of $213,130, lower than the Michigan average of $250,415.
The average cost of rent is $1,069/mo in Hemlock, primarily driven by the current value of real estate in the Hemlock area. In Hemlock, 6.48% of households rent, and 41.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hemlock is $7,979 per month. Households that rent pay about 13.40% of their income on rent here. Hemlock’s most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Orr, MI: equally priced homes
- Frost, MI: higher priced homes
- Iva, MI: less expensive homes
- Roosevelt, MI: equally priced homes
- Laporte, MI: equally priced homes
- Merrill, MI: less expensive homes
- Nelson, MI: equally priced homes
- Ryan, MI: less expensive homes
- Freeland, MI: higher priced homes
- Poseyville, MI: equally priced homes
Cities with Similar Populations
- Bloomfield, MO: less expensive homes
- Brackenridge, PA: less expensive homes
- Burlington, KS: less expensive homes
- Burt, MI: less expensive homes
- Cactus, TX: less expensive homes
- Cashton, WI: higher priced homes
- Ashby, MA: higher priced homes
- West Baraboo, WI: higher priced homes
- Lordstown, OH: less expensive homes
- Manchester Center, VT: higher priced homes
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