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Menominee County Housing Market

Michigan · 83 counties · Ranked #1011 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$142,700

vs national$142,700 vs $281,900 national

Median Gross Rent

$675/mo

vs national$675 vs $1,163 national

Effective Tax Rate

1.03%

vs national+1.03% vs 1.02% national

Median Household Income

$55,688

vs national$55,688 vs $74,755 national

Affordability Ratio

2.6x

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

Rent Burden

26.0%

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

More Housing Data

Property Tax (Median)

$1,470

Tax as % of Home Value

1.03%

Monthly Owner Cost

$664

Renter Income

$27,500

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Menominee County?

The median home value in Menominee County is $142,700. This is below the national median of $281,900.

How much is rent in Menominee County?

The median gross rent in Menominee County is $675 per month.

What is the property tax rate in Menominee County?

The effective property tax rate in Menominee County is 1.03%. The median annual property tax bill is $1,470.

Is Menominee County affordable?

With a home-value-to-income ratio of 2.6x, Menominee 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.