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Affordable
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These days, finding an affordable place to live in the Schmidt Corner area can be challenging. Home prices in Schmidt Corner are now at a median cost of $279,963, higher than the Michigan average of $250,415.
The average cost of rent is $1,173/mo in Schmidt Corner, primarily driven by the current value of real estate in the Schmidt Corner area. In Schmidt Corner, 11.76% of households rent, and 44.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Schmidt Corner is $7,744 per month. Households that rent pay about 15.15% of their income on rent here. Schmidt Corner’s most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Atlantic Mine, MI: less expensive homes
- Oskar, MI: equally priced homes
- Hancock, MI: less expensive homes
- South Range, MI: less expensive homes
- Dodgeville, MI: less expensive homes
- Houghton, MI: less expensive homes
- Trimountain, MI: less expensive homes
- Painesdale, MI: less expensive homes
- Dollar Bay, MI: less expensive homes
- Chassell, MI: less expensive homes
Cities with Similar Populations
- Crimcrest, TX: less expensive homes
- Wando, SC: higher priced homes
- Walpole, ME: higher priced homes
- Union Hill, NC: less expensive homes
- Thorndike, ME: less expensive homes
- Emigrant, MT: higher priced homes
- Edgewood, IL: less expensive homes
- Deport, TX: less expensive homes
- Daviston, AL: less expensive homes
- Danevang, TX: less expensive homes
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