The typical owner-occupied home in Eastport is worth about $331,300, 43% above the Michigan median of $231,600 and about the same as the national median of $332,700. Owners pay a median $3,121 a year in property taxes, about 0.94% of their home's value, lower than the Michigan rate of 1.25%. The median household earns $55,761 a year, so the median home costs 5.9 times the median income (3.2 times for Michigan). 96% of occupied homes here are lived in by their owners, and 47% of those owners still have a mortgage.
Eastport at a glance
| Eastport | Michigan | U.S. | |
|---|---|---|---|
| Median home value | $331,300 | $231,600 | $332,700 |
| Median property tax paid per year | $3,121 | $2,904 | $3,119 |
| Property tax as a share of value | 0.94% | 1.25% | 0.94% |
| Median household income | $55,761 | $72,875 | $80,734 |
| Homes lived in by their owners | 96% | 73% | 65% |
| Owner homes with a mortgage | 47% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,563 | $1,569 | $1,963 |
| Those costs as a share of the owners' income | 25.6% | 19.3% | 21.0% |
| Median rent | – | $1,129 | $1,413 |
| Median year homes were built | 1974 | 1972 | 1980 |
| Vacant homes | 53.3% | 11.8% | 10.1% |
| Population | 311 | 10,077,761 | 334,922,499 |
What a typical home costs per month in Eastport
At this week's average 30-year rate of 7.11%, buying the median Eastport home of $331,300 with 20% down costs about $2,180 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,732, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $93,450 for the 20%-down payment. That payment is 47% of the median Eastport household income of $55,761; at that income and 20% down, the 28% guideline points to a home of about $198,000.
| Down payment | $66,260 |
|---|---|
| Loan amount | $265,040 |
| Principal and interest | $1,783 |
| Property taxes (0.94% a year) | $260 |
| Homeowners insurance (our estimate, 0.5% a year) | $138 |
| PMI | $0 |
| Total per month | $2,180 |
Change the numbers in the calculator
| Down payment | $11,596 |
|---|---|
| Loan amount | $325,299 |
| Principal and interest | $2,188 |
| Property taxes (0.94% a year) | $260 |
| Homeowners insurance (our estimate, 0.5% a year) | $138 |
| FHA mortgage insurance | $147 |
| Total per month | $2,732 |
Change the numbers in the calculator
Questions about home buying in Eastport
What is the median home value in Eastport?
About $331,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Eastport?
Homeowners pay a median $3,121 a year, which is about 0.94% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Eastport?
For the median home with 20% down at 7.11%, the payment is about $2,180 a month. Keeping that under 28% of gross income takes about $93,450 a year.
More about Eastport
- Mortgage Refinance in Eastport
- Debt Relief in Eastport
- Home Equity Loans in Eastport
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data