The typical owner-occupied home in Mesick is worth about $123,800, 47% below the Michigan median of $231,600 and 63% below the national median of $332,700. Owners pay a median $1,163 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 $41,094 a year, so the median home costs 3.0 times the median income (3.2 times for Michigan). 62% of occupied homes here are lived in by their owners, and 53% of those owners still have a mortgage.
Mesick at a glance
| Mesick | Michigan | U.S. | |
|---|---|---|---|
| Median home value | $123,800 | $231,600 | $332,700 |
| Median property tax paid per year | $1,163 | $2,904 | $3,119 |
| Property tax as a share of value | 0.94% | 1.25% | 0.94% |
| Median household income | $41,094 | $72,875 | $80,734 |
| Homes lived in by their owners | 62% | 73% | 65% |
| Owner homes with a mortgage | 53% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,198 | $1,569 | $1,963 |
| Those costs as a share of the owners' income | 30.8% | 19.3% | 21.0% |
| Median rent | $1,063 | $1,129 | $1,413 |
| Rent as a share of renters' income | 32.8% | 30.2% | 30.6% |
| Median year homes were built | 1968 | 1972 | 1980 |
| Vacant homes | 10.3% | 11.8% | 10.1% |
| Population | 423 | 10,077,761 | 334,922,499 |
What a typical home costs per month in Mesick
At this week's average 30-year rate of 7.11%, buying the median Mesick home of $123,800 with 20% down costs about $815 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,021, 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 $34,920 for the 20%-down payment. That payment is 24% of the median Mesick household income of $41,094; at that income and 20% down, the 28% guideline points to a home of about $146,000.
The median rent here is $1,063 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $24,760 |
|---|---|
| Loan amount | $99,040 |
| Principal and interest | $666 |
| Property taxes (0.94% a year) | $97 |
| Homeowners insurance (our estimate, 0.5% a year) | $52 |
| PMI | $0 |
| Total per month | $815 |
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| Down payment | $4,333 |
|---|---|
| Loan amount | $121,558 |
| Principal and interest | $818 |
| Property taxes (0.94% a year) | $97 |
| Homeowners insurance (our estimate, 0.5% a year) | $52 |
| FHA mortgage insurance | $55 |
| Total per month | $1,021 |
Change the numbers in the calculator
Questions about home buying in Mesick
What is the median home value in Mesick?
About $123,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Mesick?
Homeowners pay a median $1,163 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 Mesick?
For the median home with 20% down at 7.11%, the payment is about $815 a month. Keeping that under 28% of gross income takes about $34,920 a year.
More about Mesick
- Mortgage Refinance in Mesick
- Debt Relief in Mesick
- Home Equity Loans in Mesick
- 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