Explore Commerce
Frequently Asked Questions
Is Commerce a good place to live?
Commerce is a good place to live. Commerce is considered car-dependent and bikeable. Commerce is a suburban neighborhood. Commerce has 6 parks for recreational activities.It has a median age of 43. The average household income is $143,467 which is above the national average. College graduates make up 46.7% of residents. A majority of residents in Commerce are home owners, with 11% of residents renting and 89% of residents owning their home. A local real estate agent serving Commerce can help you decide if this neighborhood is the right one for you. Learn more on our Commerce neighborhood guide.
How much do you need to make to afford a house in Commerce?
The median home price in Commerce is $479,995. If you put a 20% down payment of $96,000 and had a 30-year fixed mortgage with an interest rate of 6.95%, your estimated principal and interest payment would be $2,540 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $109K a year to afford the median home price in Commerce. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Commerce is $143K.
What are the most popular zip codes in Commerce, Commerce, MI?
What are the most popular neighborhoods near Commerce, Commerce, MI?
The most popular neighborhoods near Commerce, Commerce, MI are West Bloomfield Township and Island Lake.
