Boon, MI
Full City Profile · Michigan · Wexford County County
4.3
/5.0
A
Great
57
Population
68/sq mi density
$86,250
Median Income
$44,014 per capita
$117,500
Home Value
$261,102 Zillow
45°F
Avg Temperature
A
Overall
4.3 / 5.0
Strong
A+
Economy
4.7 / 5.0
$86,250 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$117,500 home value, /mo rent
B
Education
3.2 / 5.0
27.8% bachelor's degree or higher
Housing Overview
Median Home Value
$117,500
58% below
US avg: $281,900
Homeownership Rate
76.7%
17% above US avg (65.4%)
Total Housing Units
39
Median year built: 1969
Home Value by Source
Census Median
$117,500
Zillow (ZHVI)
$261,102
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
76.7%
Owner-Occupied
23.3%
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
Affordability & Housing Stock
Rent Burden
29.3%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1969
Average age of housing stock: 57 years
Homeownership Rate
76.7%
Complete Housing Data
Home Values
| Census Median Value | $117,500 |
| Zillow Home Value (ZHVI) | $261,102 |
Rent
| 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 | 76.7% |
| Renter-Occupied | 23.3% |
| Homeownership Rate | 76.7% |
| Total Housing Units | 39 |
| Median Year Built | 1969 |
| Rent Burden | 29.3% |