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MI area data

Hessel, MI

Hessel, MI.

Population: 707 (Census ACS)

Home values & appreciation

Median home value
$247,076
1-year appreciation
+9.7%
3-year appreciation
+26.4%
5-year appreciation
+38.6%
10-year appreciation
+112.3%
All-time peak (2026-07)
$247,076
House Price Index
387.5 (+5.5% YoY)

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Natural hazards & flood risk

Overall hazard risk
Very Low

Climate (30-year normals)

Average annual temperature
44.0°F
Average high
53.0°F
Average low
35.0°F
Annual precipitation
33.1 in
Annual snowfall
78.9 in

Amenities

Nearest airport
Albert J Lindberg Airport (1 mi)
Nearest major airport
Chippewa County International Airport (CIU) (15 mi)
Hospitals nearby (~15 mi)
1,090
Avg hospital rating
3.1 / 5
Solar radiation rating
Fair (3.7 kWh/m²/day)

Migration

Net migration
+2 tax filers

Housing stock

Median year housing built
1,976
Median annual property tax
$1,505
Households with broadband internet
31.1%

Employment & development

Total county employment
3,823
Average weekly wage
$879
Top industries (by employment)
Accommodation & Food, Health Care, Construction
Annual residential building permits (county)
13

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents