The median home value in Durand, MI is $130,000. This is lower than the county median home value of $157,400. The national median home value is $338,100. The average price of homes sold in Durand, MI is $130,000. Approximately 63.71% of Durand homes are owned, compared to 34.17% rented, while 2.12% are vacant. Durand real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Durand real estate agent to arrange a tour today!
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Durand has a population of approximately 3,534 and experiences a population change rate of -10.15%. The population density is 1,814.2 / sq mi.
The median household income for Durand is $51,051, with 1,524 households and an average household size of 2.24.
The cost of living index in Durand is 79.1%.
The median value of a home in Durand is $130,000 with an appreciation rate of 12.8%. 63.7% of housing in the city is owned while 34.2% is rented.
The unemployment rate in Durand is 3.70%, and recent job growth is at 3.54%. Future job growth is projected at 37.85%.
The sales tax rate in Durand is 6.00%, while the income tax rate is 4.25%.
School expenditures in Durand are $14,195, and the school ratio is 16.5:1.
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 14.5 degrees. The average rainfall is approximately 32.4 inches per year, with 37.9 inches of snow per year.
Metric | City | County |
---|---|---|
High School Graduates | 91.74 | 92.04 |
College Degree - 2 year | 11.22 | 10.95 |
College Degree - 4 year | 12.81 | 18.23 |
Graduate Degree | 1.78 | 4.41 |
Expenditures per Student | $14,195 | $14,195 |
Students per Teacher | 16.50 | 16.50 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Bertha Neal School | PK - 01 | 165 | 10.9 | 48429 |
Byron Area Elementary School | PK - 05 | 357 | 18.3 | 48418 |
Elsa Meyer Elementary School | 01 - 03 | 419 | 17.6 | 48817 |
Gaines Elementary School | KG - 05 | 200 | 18 | 48436 |
Nellie Reed Elementary | KG - 01 | 130 | 15.5 | 48476 |
Robert KERR School | 02 - 04 | 352 | 17.7 | 48429 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Byron Area Middle School | 06 - 08 | 281 | 20.5 | 48418 |
Corunna Middle School | 04 - 07 | 570 | 17.8 | 48817 |
Durand Middle School | 05 - 07 | 335 | 17.6 | 48429 |
Nellie Reed Elementary School | KG - 05 | 225 | 16 | 48476 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Byron Area High School | 09 - 12 | 398 | 20.6 | 48418 |
Corunna High School | 08 - 12 | 827 | 21.4 | 48817 |
Durand Area High School | 08 - 12 | 635 | 19.4 | 48429 |