Quick facts: Bellevue, MI

Quick Facts

94.9
Cost of Living
below US average
1,342
Population
48.44
Crime Rate per 1000
above US average
$58,750
Median Income
below US average
$215,000
Median House Price
above US average
$1435
Average Rent
above US average
10%
Poverty Rate
below US average
3.5%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $58,750.

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Income Needed to Buy

βœ— Stretch
$67k/year
Based on $215,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $67k vs median $58,750
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Income Needed to Rent

⚠ Stretch
$61k/year
Based on $1435/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $61k vs median $58,750
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Bellevue, MI

Bellevue is a charming village located in Eaton County, Michigan. Nestled within the scenic landscapes of Southern Michigan, Bellevue has a rich history and small-town charm, making it an appealing place for families and individuals alike. The village is known for its peaceful atmosphere, friendly community, and proximity to nature with numerous parks and recreational opportunities. Bellevue is conveniently situated near major highways, providing easy access to nearby cities such as Battle Creek and Lansing. This location allows residents to enjoy the tranquility of village life while still being close to urban amenities. The village has a population of around 1,000 residents, contributing to a close-knit community feel. Local events and gatherings are common, fostering a strong sense of belonging among the inhabitants. Bellevue offers basic amenities, including schools, shops, and dining options, ensuring that residents have access to essential services. With a picturesque landscape and a commitment to preserving its heritage, Bellevue, MI, is a lovely spot for those looking for a serene lifestyle in a supportive community.

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