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Cost of Living in Osceola County, MI

Population 23,227 · Census ACS 2020–2024 5-year estimates

Median rent$807
Median home value$155,400
Median household income$58,267

The median rent in Osceola County, MI is $807/month, 29% lower than the Michigan median and 43% lower than the U.S. median. The median home value is $155,400, 53% lower than the national median. Households earn a median of $58,267 a year, 20% lower than the state median.

Affordability

Rent as a share of median income: 16.6%
Income needed for median rent (30% rule): $32,280/yr
Home price-to-income ratio: 2.7×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $786/mo

Run your own numbers: mortgage calculator · hourly to salary

Osceola County vs. Michigan vs. U.S.

Osceola CountyMichiganU.S.
Median rent$807$1,129$1,413
Median home value$155,400$231,600$332,700
Median household income$58,267$72,875$80,734
Homeownership rate83.7%73.2%65.2%
Bachelor's degree or higher16.6%32.4%35.7%
Poverty rate15.8%13.2%12.5%
Unemployment rate6.4%5.7%5.2%
Work from home6.2%13.5%15.1%
Median age43.940.238.9

FAQ

What is the average rent in Osceola County, MI?

The median gross rent in Osceola County, MI is $807 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $32,280 a year in gross income.

Is Osceola County, MI expensive to live in?

Rent there is 43% 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

Chautauqua County, NYRent $812 · Income $58,351Cowley County, KSRent $809 · Income $57,878Franklin County, MERent $802 · Income $58,675Phelps County, MORent $798 · Income $58,396Potter County, PARent $809 · Income $59,020Laurel County, KYRent $813 · Income $57,771

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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