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Buying a home in Attica, Michigan

The typical owner-occupied home in Attica is worth about $186,300, 20% below the Michigan median of $231,600 and 44% below the national median of $332,700. Owners pay a median $1,360 a year in property taxes, about 0.73% of their home's value, lower than the Michigan rate of 1.25%. The median household earns $39,318 a year, so the median home costs 4.7 times the median income (3.2 times for Michigan). 97% of occupied homes here are lived in by their owners, and 42% of those owners still have a mortgage.

Attica at a glance

Attica Michigan U.S.
Median home value $186,300 $231,600 $332,700
Median property tax paid per year $1,360 $2,904 $3,119
Property tax as a share of value 0.73% 1.25% 0.94%
Median household income $39,318 $72,875 $80,734
Homes lived in by their owners 97% 73% 65%
Owner homes with a mortgage 42% 58% 61%
Median monthly costs, owners with a mortgage $1,283 $1,569 $1,963
Those costs as a share of the owners' income 19.8% 19.3% 21.0%
Median rent – $1,129 $1,413
Median year homes were built 1938 1972 1980
Vacant homes 11.9% 11.8% 10.1%
Population 627 10,077,761 334,922,499

What a typical home costs per month in Attica

At this week's average 30-year rate of 7.11%, buying the median Attica home of $186,300 with 20% down costs about $1,194 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,504, 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 $51,153 for the 20%-down payment. That payment is 36% of the median Attica household income of $39,318; at that income and 20% down, the 28% guideline points to a home of about $143,000.

20% down, 30-year conventional loan
Down payment$37,260
Loan amount$149,040
Principal and interest$1,003
Property taxes (0.73% a year)$113
Homeowners insurance (our estimate, 0.5% a year)$78
PMI$0
Total per month$1,194

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3.5% down, 30-year FHA loan
Down payment$6,520
Loan amount$182,926
Principal and interest$1,231
Property taxes (0.73% a year)$113
Homeowners insurance (our estimate, 0.5% a year)$78
FHA mortgage insurance$82
Total per month$1,504

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Questions about home buying in Attica

What is the median home value in Attica?

About $186,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Attica?

Homeowners pay a median $1,360 a year, which is about 0.73% 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 Attica?

For the median home with 20% down at 7.11%, the payment is about $1,194 a month. Keeping that under 28% of gross income takes about $51,153 a year.

More about Attica

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