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Baldwin, MI
Full City Profile · Michigan · Lake County County
2.3
/5.0
C
Fair
1,161
Population
914/sq mi density
$23,631
Median Income
$14,972 per capita
$104,100
Home Value
$139,613 Zillow
$646
Median Rent
42.6% income on rent
45°F
Avg Temperature
260 sunny days/yr
650
Violent Crime/100K
2,960 property/100K
C
Overall
2.3 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.3 / 5.0
$23,631 median income, 0.5% unemployment
A
Affordability
4.2 / 5.0
$104,100 home value, $646/mo rent
F
Safety
1.0 / 5.0
650 violent crimes/100K (71% above avg)
D
Education
1.8 / 5.0
10.6% bachelor's degree or higher
Housing Overview
Median Home Value
$104,100
63% below
US avg: $281,900
Median Rent
$646/mo
44% below
US avg: $1,163/mo
Homeownership Rate
38.4%
41% below US avg (65.4%)
Total Housing Units
466
Median year built: 1975
Home Value by Source
Census Median
$104,100
Zillow (ZHVI)
$139,613
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
38.4%
Owner-Occupied
61.6%
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:
$646/mo
Affordability & Housing Stock
Rent Burden
42.6%
of renters spending 30%+ of income on housing
37% above US avg (31.0%)
Median Year Built
1975
Average age of housing stock: 51 years
Homeownership Rate
38.4%
Complete Housing Data
Home Values
| Census Median Value | $104,100 |
| Zillow Home Value (ZHVI) | $139,613 |
Rent
| Census Median Rent | $646 |
| 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 | 38.4% |
| Renter-Occupied | 61.6% |
| Homeownership Rate | 38.4% |
| Total Housing Units | 466 |
| Median Year Built | 1975 |
| Rent Burden | 42.6% |