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Calumet, MI

Full City Profile · Michigan · Keweenaw County County

3.1 /5.0
B Good
676 Population 3,380/sq mi density
$25,234 Median Income $22,463 per capita
$82,500 Home Value $132,535 Zillow
$640 Median Rent 30.5% income on rent
41°F Avg Temperature 253 sunny days/yr
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
D
Economy
1.9 / 5.0
$25,234 median income, 4.7% unemployment
A+
Affordability
4.8 / 5.0
$82,500 home value, $640/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
B
Education
3.0 / 5.0
25.2% bachelor's degree or higher

Housing Overview

Median Home Value
$82,500
71% below
US avg: $281,900
Median Rent
$640/mo
45% below
US avg: $1,163/mo
Homeownership Rate
28.1%
57% below US avg (65.4%)
Total Housing Units
542
Median year built: 1938

Home Value by Source

Census Median
$82,500
Zillow (ZHVI)
$132,535
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

28.1%
Owner-Occupied
71.9%
Renter-Occupied
28%
72%
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: $640/mo

Affordability & Housing Stock

Rent Burden
30.5%
of renters spending 30%+ of income on housing
2% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
28.1%

Complete Housing Data

Home Values

Census Median Value$82,500
Zillow Home Value (ZHVI)$132,535

Rent

Census Median Rent$640
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-Occupied28.1%
Renter-Occupied71.9%
Homeownership Rate28.1%
Total Housing Units542
Median Year Built1938
Rent Burden30.5%