Waldron, Michigan.
Typical home $152,083 (+9.3% in a year). Hillsdale, MI metro.
to buy the typical home at today's mortgage rate — +$476 (+148%) since Jan 2020.
- 1 year
- Up $12,987 +9%
- $139,097$152,083 since Sep 2025
- 5 years
- Up $37,679 +33%
- $114,404$152,083 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.
- Waldron$798
- Michigan$1,384
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 12 years.
Typical home values in Waldron, MI rose 9.3% over the past year — faster than the nation's +1.2%.
Living in Waldron, Hillsdale County, Michigan
Waldron is a village of 505 people in Hillsdale County. 73% of its homes are lived in by their owners and 27% are rented. Unemployment in Hillsdale County was 4.7% in August 2026, and the county had 3.1% fewer jobs in 2025 than the year before. The most people in Hillsdale County 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 It can be wrong or out of date.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. Waldron is a very small village in Hillsdale County, Michigan, where most homes are lived in by their owners. Few adults here hold a four-year degree, and fewer people live below the poverty line than you might expect in a place this size. Winters are cold, with January highs near freezing, summers are warm, and a fair amount of snow falls each year.
Work. Residents work mostly in schools, hospitals and social care, with manufacturing, shops, and restaurants and hotels also employing many. Across Hillsdale County, the largest workplaces include Hillsdale College, Hillsdale Hospital and the Martinrea plant in Jonesville. Most people drive a fair way to work, and very few work from home.
Things to do. Harrison Lake State Park, a protected area, is a short drive away, as is the Tiffin River Wildlife Area, which offers open ground for walking and watching wildlife. For a longer outing, Hidden Lake Gardens, a botanical garden, and the St. Joseph River are both a longer drive away.
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- 268households
- 8%of adults have a degree
- 9%below the poverty line
- 26 mintypical commute
- 2%work from home
What people in Hillsdale County work in
Employed residents by industry, from the Census survey. Hillsdale County had 12,461 jobs in 2025, 3.1% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 33° and lows near 15°; warmest in July, with highs near 86° and lows near 58°. About 32 inches of snow and 38 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Morenci weather station, 10 miles away (NOAA).
Largest workplaces in Hillsdale County
- Hillsdale CollegeUniversity or college1,029
- Martinrea INC JonesvilleJob stampings, automotive, metal, manufacturing680
- Tenneco 929 Anderson Road, LitchfieldExhaust systems and parts, automotive, truck, and bus, manufacturing350
- Hillsdale HospitalGeneral hospital331FTE
- Conagra BrandsMeat processed from carcasses300
- WalmartWarehouse clubs and supercenters278
- Hillsdale Community SchoolsSchool district186FTE
- Jonesville Community SchoolsSchool district149FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 28 workplaces with 20 or more staff, 3,446 people in all across the county; Waldron has none of its own. Colleges come from IPEDS (NCES, 2023–24), hospitals from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); 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
- LightningRelatively high
- TornadoesRelatively high
- HailRelatively high
- Strong windRelatively high
- Cold wavesRelatively high
- Ice stormsRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Waldron’s census tracts, against the rest of the country; all of them together, relatively moderate. 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 Hillsdale County and the Hillsdale, MI metro.
Waldron home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Waldron$152,083
- Michigan$263,760
- United States$366,157
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
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Waldron4
Zip codes with a Waldron address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Waldron — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.