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Cost of Living in Charlevoix County, MI

Population 26,108 · Census ACS 2020–2024 5-year estimates

Median rent$949
Median home value$276,800
Median household income$76,531

The median rent in Charlevoix County, MI is $949/month, 16% lower than the Michigan median and 33% lower than the U.S. median. The median home value is $276,800, 17% lower than the national median. Households earn a median of $76,531 a year, 5% higher than the state median.

Affordability

Rent as a share of median income: 14.9%
Income needed for median rent (30% rule): $37,960/yr
Home price-to-income ratio: 3.6×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,400/mo

Run your own numbers: mortgage calculator · hourly to salary

Charlevoix County vs. Michigan vs. U.S.

Charlevoix CountyMichiganU.S.
Median rent$949$1,129$1,413
Median home value$276,800$231,600$332,700
Median household income$76,531$72,875$80,734
Homeownership rate83.5%73.2%65.2%
Bachelor's degree or higher35.2%32.4%35.7%
Poverty rate8.7%13.2%12.5%
Unemployment rate3.4%5.7%5.2%
Work from home12.4%13.5%15.1%
Median age50.440.238.9

FAQ

What is the average rent in Charlevoix County, MI?

The median gross rent in Charlevoix County, MI is $949 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Charlevoix County, MI?

Using the common 30% rule, renting a median-priced home takes about $37,960 a year in gross income.

Is Charlevoix County, MI expensive to live in?

Rent there is 33% lower than the U.S. median, and the median home costs about 3.6 times the median household income.

Other counties in Michigan

Wayne County, MIRent $1,132 · Income $60,539Oakland County, MIRent $1,376 · Income $97,760Macomb County, MIRent $1,211 · Income $77,837Kent County, MIRent $1,243 · Income $82,631Genesee County, MIRent $989 · Income $62,281Washtenaw County, MIRent $1,463 · Income $89,180

Counties with a similar cost of living

Trempealeau County, WIRent $949 · Income $76,313Lake County, SDRent $947 · Income $76,808Jefferson County, ORRent $941 · Income $76,260Portage County, WIRent $940 · Income $76,070Polk County, WIRent $957 · Income $77,219Linn County, IARent $945 · Income $77,649

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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