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Alpena County Housing Market

Michigan · 83 counties · Ranked #929 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$137,800

vs national$137,800 vs $281,900 national

Median Gross Rent

$660/mo

vs national$660 vs $1,163 national

Effective Tax Rate

1.13%

vs national+1.13% vs 1.02% national

Median Household Income

$51,909

vs national$51,909 vs $74,755 national

Affordability Ratio

2.7x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

28.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,556

Tax as % of Home Value

1.13%

Monthly Owner Cost

$681

Renter Income

$22,767

Frequently Asked Questions

What is the median home value in Alpena County?
The median home value in Alpena County is $137,800. This is below the national median of $281,900.
How much is rent in Alpena County?
The median gross rent in Alpena County is $660 per month.
What is the property tax rate in Alpena County?
The effective property tax rate in Alpena County is 1.13%. The median annual property tax bill is $1,556.
Is Alpena County affordable?
With a home-value-to-income ratio of 2.7x, Alpena County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.