Quick facts: Fowlerville, MI

Quick Facts

94.9
Cost of Living
below US average
2,937
Population
16.68
Crime Rate per 1000
below US average
$53,977
Median Income
below US average
$359,900
Median House Price
above US average
$2195.0
Average Rent
above US average
9%
Poverty Rate
below US average
4.5%
Unemployment Rate
above 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 $53,977.

🏠

Income Needed to Buy

βœ— Stretch
$113k/year
Based on $359,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $113k vs median $53,977
🏒

Income Needed to Rent

⚠ Stretch
$94k/year
Based on $2195.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $94k vs median $53,977
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Fowlerville, MI

Fowlerville is a charming village located in Livingston County, Michigan. With a population of approximately 1,500 residents, it serves as a small yet vibrant community. Situated conveniently between major cities like Lansing and Ann Arbor, Fowlerville offers a peaceful, suburban environment while maintaining easy access to urban amenities. The village is known for its friendly atmosphere and strong sense of community, hosting various local events throughout the year, such as the annual Fowlerville Family Fair, which attracts visitors from surrounding areas. The downtown area features quaint shops, restaurants, and services that cater to both locals and visitors. Outdoor enthusiasts can enjoy nearby parks and recreational areas, with activities ranging from hiking to sports. The area is also rich in agricultural history, often promoting local farms and artisans. Fowlerville's schools are part of a well-regarded district, making it a desirable location for families. Overall, Fowlerville combines the charm of small-town living with access to the natural beauty and activities of Michigan, making it a lovely place to live or visit.

πŸ” Search & Compare Places

First Location πŸ“