Quick facts: Hickory corners, MI

Quick Facts

94.9
Cost of Living
below US average
155
Population
32.26
Crime Rate per 1000
above US average
$51,838
Median Income
below US average
$549,900
Median House Price
above US average
$3000.0
Average Rent
above US average
Poverty rate Data is updating, will be available soon
2.5%
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 $51,838.

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Income Needed to Buy

βœ— Stretch
$173k/year
Based on $549,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $173k vs median $51,838
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Income Needed to Rent

⚠ Stretch
$129k/year
Based on $3000.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $129k vs median $51,838
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Hickory corners, MI

Hickory Corners, located in Barry County, Michigan, is a small, charming community known for its rural scenery and close-knit atmosphere. Nestled between several lakes and lush woodlands, the area is ideal for outdoor enthusiasts, offering opportunities for fishing, boating, and hiking. The community is highlighted by the prominent Gilmore Car Museum, which features an extensive collection of vintage automobiles and is one of the largest car museums in the country, attracting automotive enthusiasts from all over. The town is characterized by its picturesque rural landscape, historic homes, and friendly residents. Hickory Corners enjoys a peaceful, slower pace of life, making it a perfect getaway from urban hustle. The local economy is primarily sustained by agriculture, small businesses, and tourism, thanks to the museum and nearby recreational activities. Residents appreciate the area's strong sense of community, local events, and the opportunity to engage in outdoor activities year-round. With its serene environment and rich history, Hickory Corners is a hidden gem in Michigan, ideal for those seeking a tranquil lifestyle amidst nature.

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