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Cheboygan County Housing Market

Michigan · 83 counties · Ranked #1578 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$175,200

vs national$175,200 vs $281,900 national

Median Gross Rent

$822/mo

vs national$822 vs $1,163 national

Effective Tax Rate

0.93%

vs national0.93% vs 1.02% national

Median Household Income

$61,619

vs national$61,619 vs $74,755 national

Affordability Ratio

2.8x

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

Rent Burden

30.0%

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

More Housing Data

Property Tax (Median)

$1,625

Tax as % of Home Value

0.93%

Monthly Owner Cost

$793

Renter Income

$29,390

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Cheboygan County?

The median home value in Cheboygan County is $175,200. This is below the national median of $281,900.

How much is rent in Cheboygan County?

The median gross rent in Cheboygan County is $822 per month.

What is the property tax rate in Cheboygan County?

The effective property tax rate in Cheboygan County is 0.93%. The median annual property tax bill is $1,625.

Is Cheboygan County affordable?

With a home-value-to-income ratio of 2.8x, Cheboygan 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.