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Benzie County Housing Market

Michigan · 83 counties · Ranked #2389 in home value

Below National Avg

Housing at a Glance

Median Home Value

$254,400

vs national$254,400 vs $281,900 national

Median Gross Rent

$974/mo

vs national$974 vs $1,163 national

Effective Tax Rate

0.83%

vs national0.83% vs 1.02% national

Median Household Income

$72,603

vs national$72,603 vs $74,755 national

Affordability Ratio

3.5x

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

Rent Burden

27.0%

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

More Housing Data

Property Tax (Median)

$2,119

Tax as % of Home Value

0.83%

Monthly Owner Cost

$1,035

Renter Income

$42,188

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Frequently Asked Questions

What is the median home value in Benzie County?

The median home value in Benzie County is $254,400. This is below the national median of $281,900.

How much is rent in Benzie County?

The median gross rent in Benzie County is $974 per month.

What is the property tax rate in Benzie County?

The effective property tax rate in Benzie County is 0.83%. The median annual property tax bill is $2,119.

Is Benzie County affordable?

With a home-value-to-income ratio of 3.5x, Benzie County is moderately 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.