housing costs · Michigan
Housing costs in Gratiot County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $834 | ± $33 | evidence → |
| 2019–2023 | $808 | ± $34 | evidence → |
| 2018–2022 | $757 | ± $26 | evidence → |
| 2017–2021 | $685 | ± $20 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $147,500 | ± $6,964 | evidence → |
| 2019–2023 | $136,800 | ± $8,167 | evidence → |
| 2018–2022 | $126,500 | ± $6,168 | evidence → |
| 2017–2021 | $105,700 | ± $3,967 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 28.7 % | ± 2.7 % | evidence → |
| 2019–2023 | 30.2 % | ± 1.7 % | evidence → |
| 2018–2022 | 30.3 % | ± 2.1 % | evidence → |
| 2017–2021 | 29.5 % | ± 2.7 % | evidence → |
In context
Median rent in Gratiot County is $834, below the Michigan median of $884 across 83 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.