The typical owner-occupied home in Beulah is worth about $485,700, 2.1 times the Michigan median of $231,600 and 46% above the national median of $332,700. Owners pay a median $5,326 a year in property taxes, about 1.10% of their home's value, lower than the Michigan rate of 1.25%. The median household earns $71,000 a year, so the median home costs 6.8 times the median income (3.2 times for Michigan). 65% of occupied homes here are lived in by their owners, and 42% of those owners still have a mortgage.
Beulah at a glance
| Beulah | Michigan | U.S. | |
|---|---|---|---|
| Median home value | $485,700 | $231,600 | $332,700 |
| Median property tax paid per year | $5,326 | $2,904 | $3,119 |
| Property tax as a share of value | 1.10% | 1.25% | 0.94% |
| Median household income | $71,000 | $72,875 | $80,734 |
| Homes lived in by their owners | 65% | 73% | 65% |
| Owner homes with a mortgage | 42% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,432 | $1,569 | $1,963 |
| Those costs as a share of the owners' income | 21.8% | 19.3% | 21.0% |
| Median rent | $607 | $1,129 | $1,413 |
| Rent as a share of renters' income | 32.0% | 30.2% | 30.6% |
| Median year homes were built | 1961 | 1972 | 1980 |
| Vacant homes | 72.1% | 11.8% | 10.1% |
| Population | 218 | 10,077,761 | 334,922,499 |
What a typical home costs per month in Beulah
At this week's average 30-year rate of 7.11%, buying the median Beulah home of $485,700 with 20% down costs about $3,261 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,071, 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 $139,777 for the 20%-down payment. That payment is 55% of the median Beulah household income of $71,000; at that income and 20% down, the 28% guideline points to a home of about $247,000.
The median rent here is $607 a month, so owning the median home costs about $2,654 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $97,140 |
|---|---|
| Loan amount | $388,560 |
| Principal and interest | $2,614 |
| Property taxes (1.10% a year) | $445 |
| Homeowners insurance (our estimate, 0.5% a year) | $202 |
| PMI | $0 |
| Total per month | $3,261 |
Change the numbers in the calculator
| Down payment | $17,000 |
|---|---|
| Loan amount | $476,903 |
| Principal and interest | $3,208 |
| Property taxes (1.10% a year) | $445 |
| Homeowners insurance (our estimate, 0.5% a year) | $202 |
| FHA mortgage insurance | $215 |
| Total per month | $4,071 |
Change the numbers in the calculator
Questions about home buying in Beulah
What is the median home value in Beulah?
About $485,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Beulah?
Homeowners pay a median $5,326 a year, which is about 1.10% 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 Beulah?
For the median home with 20% down at 7.11%, the payment is about $3,261 a month. Keeping that under 28% of gross income takes about $139,777 a year.
More about Beulah
- Mortgage Refinance in Beulah
- Debt Relief in Beulah
- Home Equity Loans in Beulah
- 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