Cost of Living in Gogebic County, MI
Population 14,319 · Census ACS 2020–2024 5-year estimates
The median rent in Gogebic County, MI is $623/month, 45% lower than the Michigan median and 56% lower than the U.S. median. The median home value is $107,200, 68% lower than the national median. Households earn a median of $52,732 a year, 28% lower than the state median.
Affordability
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Gogebic County vs. Michigan vs. U.S.
| Gogebic County | Michigan | U.S. | |
|---|---|---|---|
| Median rent | $623 | $1,129 | $1,413 |
| Median home value | $107,200 | $231,600 | $332,700 |
| Median household income | $52,732 | $72,875 | $80,734 |
| Homeownership rate | 81.0% | 73.2% | 65.2% |
| Bachelor's degree or higher | 22.8% | 32.4% | 35.7% |
| Poverty rate | 14.4% | 13.2% | 12.5% |
| Unemployment rate | 6.5% | 5.7% | 5.2% |
| Work from home | 7.5% | 13.5% | 15.1% |
| Median age | 51.2 | 40.2 | 38.9 |
FAQ
What is the average rent in Gogebic County, MI?
The median gross rent in Gogebic County, MI is $623 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Gogebic County, MI?
Using the common 30% rule, renting a median-priced home takes about $24,920 a year in gross income.
Is Gogebic County, MI expensive to live in?
Rent there is 56% lower than the U.S. median, and the median home costs about 2.0 times the median household income.
Other counties in Michigan
Counties with a similar cost of living
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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