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Essexville, MI
Full City Profile · Michigan · Bay County County
3.7
/5.0
B+
Good
3,344
Population
2,572/sq mi density
$76,182
Median Income
$33,320 per capita
$121,200
Home Value
$157,134 Zillow
$707
Median Rent
9.0% income on rent
48°F
Avg Temperature
260 sunny days/yr
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$76,182 median income, 1.5% unemployment
A+
Affordability
5.0 / 5.0
$121,200 home value, $707/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C+
Education
2.9 / 5.0
23.8% bachelor's degree or higher
Housing Overview
Median Home Value
$121,200
57% below
US avg: $281,900
Median Rent
$707/mo
39% below
US avg: $1,163/mo
Homeownership Rate
90.6%
39% above US avg (65.4%)
Total Housing Units
1,403
Median year built: 1953
Home Value by Source
Census Median
$121,200
Zillow (ZHVI)
$157,134
Median Sale Price
$125,000
Median List Price
$145,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
90.6%
Owner-Occupied
9.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$707/mo
Market Indicators (Redfin)
Median Days on Market
19 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$133
Active Inventory
5
homes for sale
Affordability & Housing Stock
Rent Burden
9.0%
of renters spending 30%+ of income on housing
71% below US avg (31.0%)
Median Year Built
1953
Average age of housing stock: 73 years
Homeownership Rate
90.6%
Complete Housing Data
Home Values
| Census Median Value | $121,200 |
| Zillow Home Value (ZHVI) | $157,134 |
| Median Sale Price | $125,000 |
| Median List Price | $145,000 |
| Price Per Sq Ft | $133 |
Rent
| Census Median Rent | $707 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
| Days on Market | 19 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 20.0% |
| Homes Sold | 3 |
| Active Inventory | 5 |
| Price Per Sq Ft | $133 |
Ownership & Stock
| Owner-Occupied | 90.6% |
| Renter-Occupied | 9.4% |
| Homeownership Rate | 90.6% |
| Total Housing Units | 1,403 |
| Median Year Built | 1953 |
| Rent Burden | 9.0% |