Quick facts: Muir, MI

Quick Facts

94.9
Cost of Living
below US average
644
Population
Crime rate Data is updating, will be available soon
$49,297
Median Income
below US average
$225,000
Median House Price
above US average
$1435
Average Rent
above US average
Poverty rate Data is updating, will be available soon
Unemployment Data is updating, will be available soon

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 $49,297.

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Income Needed to Buy

βœ— Stretch
$71k/year
Based on $225,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $71k vs median $49,297
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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 $49,297
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Muir, MI

Muir is a small village located in Ionia County, Michigan, with a population of around 800 residents. Nestled in the picturesque countryside, Muir is characterized by its charming rural atmosphere, making it a peaceful retreat for those looking to escape the hustle and bustle of urban life. The village is situated along the Maple River, providing scenic views and recreational opportunities such as fishing and kayaking. Muir features a tight-knit community with various local businesses, parks, and community events that foster a sense of belonging among its residents. The surrounding area is rich in farmland and natural beauty, ideal for outdoor activities like hiking and wildlife watching. Education is primarily provided by the Fulton School District, which serves the educational needs of local children. Muir is conveniently located near larger towns, providing easy access to additional amenities and services. Overall, Muir, MI, embodies the charm of small-town living with a strong community spirit and a tranquil setting.

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