Housing in Nadeau

A typical Nadeau home is worth roughly $158,000

Typical home value

$158K

MI $266K

Estimate

2-bedroom rent

$1,400

a month, utilities in · HUD

Median tax bill

$1,337

MI $2,904

What kind of housing town is Nadeau?

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

Your money goes further41% below the Michigan typical home.A second-home town23% of homes are seasonal or vacation homes.A town of owners91% of households own their home.

★ What stands out · Affordability

A typical home costs 2.9 years of income

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

You could afford about

$216,000

Typical Nadeau home $158K

That covers a typical Nadeau home, with $58K to spare.

The typical home, each month

$940

Loan $780Tax $110Insurance $50

A two-bedroom rents for about $1,400 a month here, $460 more than owning.

Where your budget reaches nearby

Daggett$199K Spalding$179K Meyer$116K Cedarville$329K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Nadeau’s typical property tax (0.85% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

91% of Nadeau households own their home

Half of Nadeau’s homes were built before 1968.

Owners and renters

Own 91%Rent 10%

Michigan: 73% own.

1968

typical home built · MI 1972

$1,337

median property tax bill · MI $2,904

0.85%

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

23%

of homes are seasonal or vacation homes

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

Renting

A two-bedroom rents for about $1,400

Renters already here pay a median of $890, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$1,010

1 bedroom$1,110

2 bedrooms$1,400

3 bedrooms$1,950

4 bedrooms$1,990

10%

of households rent · MI 27%

renter households

64%

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

31%

of the median income, for a two-bedroom

$890

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.

Next door

Nadeau vs. its neighbors

Nadeau is the 2nd least expensive of 5 neighboring towns. Tap one to see its housing page.

Cedarville$329K Daggett$199K Spalding$179K Nadeau$158K Meyer$116K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Nadeau	$158K*	—	$1,400	$54,500
Daggett	$199K	+9.9%	$1,250	$49,500
Spalding	$179K	+7.2%	$1,020	$63,333
Meyer	$116K*	—	$990	$65,568
Cedarville	$329K	+8.4%	$1,050	$71,250

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 Nadeau buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Nadeau 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.