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Cost of Living in Menominee County, MI

Population 23,247 · Census ACS 2020–2024 5-year estimates

Median rent$692
Median home value$151,800
Median household income$56,435

The median rent in Menominee County, MI is $692/month, 39% lower than the Michigan median and 51% lower than the U.S. median. The median home value is $151,800, 54% lower than the national median. Households earn a median of $56,435 a year, 23% lower than the state median.

Affordability

Rent as a share of median income: 14.7%
Income needed for median rent (30% rule): $27,680/yr
Home price-to-income ratio: 2.7×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $768/mo

Run your own numbers: mortgage calculator · hourly to salary

Menominee County vs. Michigan vs. U.S.

Menominee CountyMichiganU.S.
Median rent$692$1,129$1,413
Median home value$151,800$231,600$332,700
Median household income$56,435$72,875$80,734
Homeownership rate80.7%73.2%65.2%
Bachelor's degree or higher18.5%32.4%35.7%
Poverty rate12.2%13.2%12.5%
Unemployment rate4.2%5.7%5.2%
Work from home7.9%13.5%15.1%
Median age49.640.238.9

FAQ

What is the average rent in Menominee County, MI?

The median gross rent in Menominee County, MI is $692 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $27,680 a year in gross income.

Is Menominee County, MI expensive to live in?

Rent there is 51% lower than the U.S. median, and the median home costs about 2.7 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

Monroe County, WVRent $690 · Income $56,750Wetzel County, WVRent $688 · Income $56,836Washington County, MORent $684 · Income $56,043Neosho County, KSRent $681 · Income $56,618Langlade County, WIRent $702 · Income $55,878Butler County, KYRent $679 · Income $56,092

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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