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Keweenaw County Housing Market

Michigan · 83 counties · Ranked #1679 in home value

Below National Avg

Housing at a Glance

Median Home Value

$181,400

vs national$181,400 vs $281,900 national

Median Gross Rent

$679/mo

vs national$679 vs $1,163 national

Effective Tax Rate

0.94%

vs national0.94% vs 1.02% national

Median Household Income

$53,893

vs national$53,893 vs $74,755 national

Affordability Ratio

3.4x

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

Rent Burden

23.0%

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

More Housing Data

Property Tax (Median)

$1,704

Tax as % of Home Value

0.94%

Monthly Owner Cost

$686

Renter Income

$32,361

Frequently Asked Questions

What is the median home value in Keweenaw County?
The median home value in Keweenaw County is $181,400. This is below the national median of $281,900.
How much is rent in Keweenaw County?
The median gross rent in Keweenaw County is $679 per month.
What is the property tax rate in Keweenaw County?
The effective property tax rate in Keweenaw County is 0.94%. The median annual property tax bill is $1,704.
Is Keweenaw County affordable?
With a home-value-to-income ratio of 3.4x, Keweenaw 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.