Housing in Meyer

A typical Meyer home is worth roughly $116,000

Typical home value

$116K

MI $266K

Estimate

2-bedroom rent

$990

a month, utilities in · HUD

Median tax bill

$1,067

MI $2,904

What kind of housing town is Meyer?

Read from the numbers below. The page puts what stands out first.

Your money goes further57% below the Michigan typical home.

★ What stands out · Affordability

A typical home costs 1.8 years of income

Less than across Michigan (3.7 years). Try your own numbers below.

You could afford about

$256,000

Typical Meyer home $116K

That covers a typical Meyer home, with $140K to spare.

The typical home, each month

$700

Loan $570Tax $90Insurance $30

A two-bedroom rents for about $990 a month here, $290 more than owning.

Where your budget reaches nearby

Spalding$179K Waucedah$207K Nadeau$158K Breen$119K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Meyer’s typical property tax (0.92% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $990

Renters already here pay a median of $579, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$720

1 bedroom$800

2 bedrooms$990

3 bedrooms$1,350

4 bedrooms$1,480

19%

of households rent · MI 27%

renter households

33%

of renters spend 30%+ of income on rent · MI 50%

18%

of the median income, for a two-bedroom

$579

median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Menominee County, MI): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

81% of Meyer households own their home

Half of Meyer’s homes were built before 1970.

Owners and renters

Own 81%Rent 19%

Michigan: 73% own.

1970

typical home built · MI 1972

$1,067

median property tax bill · MI $2,904

0.92%

of a home’s value, a year in tax · MI 1.25%

15%

of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Next door

Meyer vs. its neighbors

Meyer is the least expensive of 5 neighboring towns. Tap one to see its housing page.

Waucedah$207K Spalding$179K Nadeau$158K Breen$119K Meyer$116K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Meyer	$116K*	—	$990	$65,568
Spalding	$179K	+7.2%	$1,020	$63,333
Waucedah	$207K*	—	$1,050	$81,719
Nadeau	$158K*	—	$1,400	$54,500
Breen	$119K*	—	$1,020	$65,000

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Meyer buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Meyer still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.