49452, Rothbury, MI

Rothbury is a small town in the Upper Peninsula of Michigan. The population was just over 2,000 people in 2010. The median household income was just over $50,000 that year. In terms of home values, Rothbury is one of the wealthiest towns in Michigan. In fact, according to Zillow, the median home value in Rothbury is $269,500.

One reason for this high home value is that Rothbury is located in a desirable area of Michigan. The town is located close to both Lake Superior and the Keweenaw Peninsula. This means that there are plenty of opportunities for homeowners to enjoy outdoor activities such as fishing and hiking. Additionally, Rothbury has a number of schools and businesses that offer excellent amenities and services. This makes it an attractive place to live and raise a family.

Another reason why homes in Rothbury are so valuable is because there are relatively few homes available for sale compared to other areas of Michigan. This means that buyers have plenty of opportunity to negotiate a good price for their home. Additionally, Rothbury has a low population density which makes it an ideal place to live if you want peace and quiet (although this may not be true if you live near the center of town).

Overall, it seems safe to say that homeownership rates in Rothbury are among the highest in Michigan – and possibly nationwide – due largely to the high value of homes in the town