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MI area data

Vanderbilt, MI

Vanderbilt, MI.

Population: 1,884 (Census ACS)

Home values & appreciation

Median home value
$216,211
1-year appreciation
+6.4%
3-year appreciation
+18.0%
5-year appreciation
+34.3%
10-year appreciation
+117.7%
All-time peak (2026-06)
$216,570
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
1
Elementary schools
0
Middle schools
0
High schools
0

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
lightning

Climate (30-year normals)

Average annual temperature
43.5°F
Average high
52.5°F
Average low
35.0°F
Annual precipitation
39.2 in
Annual snowfall
147.6 in

Amenities

Nearest airport
Gaylord Regional Airport (GLR) (11 mi)
Nearest major airport
Pellston Regional Airport of Emmet County Airport (PLN) (32 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
+117 tax filers

Housing stock

Median year housing built
1,984
Median annual property tax
$1,410
Mean commute to work
21 min
Households with broadband internet
54.1%

Employment & development

Total county employment
9,661
Average weekly wage
$967
Top industries (by employment)
Accommodation & Food, Construction, Finance & Insurance
Annual residential building permits (county)
24

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