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
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-Occupied | 28.1% |
| Renter-Occupied | 71.9% |
| Homeownership Rate | 28.1% |
| Total Housing Units | 542 |
| Median Year Built | 1938 |
| Rent Burden | 30.5% |
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