Eaton Rapids, Michigan.
Typical home $252,193 (+3.7% in a year). Lansing-East Lansing, MI metro.
to buy the typical home at today's mortgage rate — +$689 (+109%) since Jan 2020.
- 1 year
- Up $9,020 +4%
- $243,173$252,193 since Sep 2025
- 5 years
- Up $50,058 +25%
- $202,135$252,193 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Eaton Rapids$1,324
- Michigan$1,384
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 16 years.
Typical home values in Eaton Rapids, MI rose 3.7% over the past year — faster than the nation's +1.2%.
Living in Eaton Rapids, Eaton County, Michigan
Eaton Rapids is a city of 5,203 people in Eaton County. Half its households earn more than $63,875 a year and half less, against $79,597 across Eaton County; 14% of its people live below the poverty line. 70% of its homes are lived in by their owners and 30% are rented. Unemployment in Eaton County was 4.4% in August 2026, and the county had 2.5% more jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Eaton Rapids is a small city where most homes are lived in by their owners, and the population is somewhat older than in many places. Household incomes run below the county's, and a four-year degree is less common among adults here than in many communities. Winters are cold and snowy, with January the coldest month, while summers are pleasantly warm, and rain and melted snow fall steadily through the year.
Work. Residents work mainly in schools, hospitals and social care, with many others in manufacturing, shops, and transport, warehouses and utilities. Among the largest workplaces in Eaton Rapids are Eaton Rapids Public Schools, Eaton Rapids Medical Center and SpartanNash. The typical commute is a fairly long one, and some residents work from home.
Things to do. The Battle Creek River is a short drive away, a good spot for time near the water. A longer drive brings you to Potter Park Zoo, the R. E. Olds Transportation Museum, and the W. J. Beal Botanical Garden. These make for easy day trips for visitors and neighbors alike.
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- 2,149households
- 15%of adults have a degree
- 14%below the poverty line
- 28 mintypical commute
- 13%work from home
What residents work in
Employed residents by industry, from the Census survey. Eaton County had 45,625 jobs in 2025, 2.5% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 30° and lows near 16°; warmest in July, with highs near 82° and lows near 61°. About 36 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Eaton Rapids weather station, under a mile away (NOAA).
Largest workplaces in Eaton Rapids
- Magnesium Prod of AMAluminum die-casting foundries342
- Eaton Rapids Public SchoolsSchool district310FTE
- Dowding IndustriesMachine tools, metal cutting, manufacturing205
- Eaton Rapids Medical CenterCritical access hospital190FTE
- SpartanNashSupermarkets and other grocery except convenience stores103
- SikaCustom compounding of purchased plastics resins25
- Eaton RapidsMail and parcel delivery22
- LifeTech AcademySchool district20FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 5 workplaces with 20 or more staff, 697 people in all. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Strong windRelatively high
- HailRelatively moderate
- TornadoesRelatively moderate
- Inland floodingRelatively moderate
- Cold wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Eaton Rapids’ census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Eaton County and the Lansing-East Lansing, MI metro.
Eaton Rapids home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Eaton Rapids$252,193
- Michigan$263,760
- United States$366,157
Sellers are cutting prices on about 1 in 3 Eaton Rapids listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Eaton Rapids30.71%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Eaton Rapids44
New listings per month
Sellers arriving at the market.
- Eaton Rapids18
Zip codes with a Eaton Rapids address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Eaton Rapids — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.