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MI area data

Reese, MI

Reese, MI.

Population: 3,708 (Census ACS)

Home values & appreciation

Median home value
$227,729
1-year appreciation
+6.4%
3-year appreciation
+14.2%
5-year appreciation
+25.9%
10-year appreciation
+92.3%
All-time peak (2026-06)
$227,898
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%

Schools

Total schools
3
Elementary schools
1
Middle schools
1
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
strongWind, winterWeather, coldWave, iceStorm, inlandFlooding

Climate (30-year normals)

Average annual temperature
47.0°F
Average high
57.0°F
Average low
38.0°F

Air quality

Air quality rating
Good
Median AQI (annual)
34
Days with Good air quality
324
Days with Unhealthy air quality
1

Amenities

Nearest airport
Bauer Field (3 mi)
Nearest major airport
MBS International Airport (MBS) (24 mi)
Hospitals nearby (~15 mi)
1,090
Avg hospital rating
3.1 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-7 tax filers

Housing stock

Median year housing built
1,964
Median annual property tax
$2,364
Mean commute to work
22 min
Households with broadband internet
56.7%

Employment & development

Total county employment
9,284
Average weekly wage
$894
Top industries (by employment)
Accommodation & Food, Construction, Administrative Services
Annual residential building permits (county)
1

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