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Houghton County Housing Market

Michigan · 83 counties · Ranked #968 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$140,300

vs national$140,300 vs $281,900 national

Median Gross Rent

$767/mo

vs national$767 vs $1,163 national

Effective Tax Rate

1.27%

vs national+1.27% vs 1.02% national

Median Household Income

$56,573

vs national$56,573 vs $74,755 national

Affordability Ratio

2.5x

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

Rent Burden

32.0%

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

More Housing Data

Property Tax (Median)

$1,780

Tax as % of Home Value

1.27%

Monthly Owner Cost

$752

Renter Income

$26,409

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Frequently Asked Questions

What is the median home value in Houghton County?

The median home value in Houghton County is $140,300. This is below the national median of $281,900.

How much is rent in Houghton County?

The median gross rent in Houghton County is $767 per month.

What is the property tax rate in Houghton County?

The effective property tax rate in Houghton County is 1.27%. The median annual property tax bill is $1,780.

Is Houghton County affordable?

With a home-value-to-income ratio of 2.5x, Houghton 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.