The median home value in Rapid River, MI is $115,800. This is higher than the county median home value of $96,700. The national median home value is $219,700. The average price of homes sold in Rapid River, MI is $115,800. Approximately 58.96% of Rapid River homes are owned, compared to 10.9% rented, while 30.15% are vacant. Rapid River 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 Rapid River real estate agent to arrange a tour today!
Rapid River, Michigan 49878 has a population of 1,115. Rapid River 49878 is less family-centric than the surrounding county with 24.13% of the households containing married families with children. The county average for households married with children is 25.98%.
The median household income in Rapid River, Michigan 49878 is $41,029. The median household income for the surrounding county is $44,639 compared to the national median of $57,652. The median age of people living in Rapid River 49878 is 43.2 years.
The average high temperature in July is 79.5 degrees, with an average low temperature in January of 11.7 degrees. The average rainfall is approximately 33.4 inches per year, with 135.2 inches of snow per year.