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Alpha, MI
Full City Profile · Michigan · Iron County County
2.8
/5.0
C+
Fair
222
Population
236/sq mi density
$38,879
Median Income
$26,583 per capita
$33,300
Home Value
$149,222 Zillow
$633
Median Rent
26.0% income on rent
39°F
Avg Temperature
249 sunny days/yr
70
Violent Crime/100K
1,265 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$38,879 median income, 2.4% unemployment
A+
Affordability
5.0 / 5.0
$33,300 home value, $633/mo rent
F
Safety
1.0 / 5.0
70 violent crimes/100K
F
Education
1.5 / 5.0
6.2% bachelor's degree or higher
Housing Overview
Median Home Value
$33,300
88% below
US avg: $281,900
Median Rent
$633/mo
46% below
US avg: $1,163/mo
Homeownership Rate
86.9%
33% above US avg (65.4%)
Total Housing Units
164
Median year built: 1943
Home Value by Source
Census Median
$33,300
Zillow (ZHVI)
$149,222
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
86.9%
Owner-Occupied
13.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$633/mo
Affordability & Housing Stock
Rent Burden
26.0%
of renters spending 30%+ of income on housing
16% below US avg (31.0%)
Median Year Built
1943
Average age of housing stock: 83 years
Homeownership Rate
86.9%
Complete Housing Data
Home Values
| Census Median Value | $33,300 |
| Zillow Home Value (ZHVI) | $149,222 |
Rent
| Census Median Rent | $633 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
Ownership & Stock
| Owner-Occupied | 86.9% |
| Renter-Occupied | 13.1% |
| Homeownership Rate | 86.9% |
| Total Housing Units | 164 |
| Median Year Built | 1943 |
| Rent Burden | 26.0% |