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Conway, MI

Full City Profile · Michigan · Emmet County County

3.0 /5.0
B Good
161 Population 383/sq mi density
$75,114 Median Income $29,352 per capita
$430,000 Home Value $294,947 Zillow
44°F Avg Temperature 270 sunny days/yr
83 Violent Crime/100K 1,073 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$75,114 median income, 6.5% unemployment
B
Affordability
3.4 / 5.0
$430,000 home value, /mo rent
F
Safety
1.0 / 5.0
83 violent crimes/100K
A
Education
4.3 / 5.0
41.5% bachelor's degree or higher

Housing Overview

Median Home Value
$430,000
53% above
US avg: $281,900
Homeownership Rate
72.0%
10% above US avg (65.4%)
Total Housing Units
201
Median year built: 1988

Home Value by Source

Census Median
$430,000
Zillow (ZHVI)
$294,947
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

72.0%
Owner-Occupied
28.0%
Renter-Occupied
72%
28%
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
24.1%
of renters spending 30%+ of income on housing
22% below US avg (31.0%)
Median Year Built
1988
Average age of housing stock: 38 years
Homeownership Rate
72.0%

Complete Housing Data

Home Values

Census Median Value$430,000
Zillow Home Value (ZHVI)$294,947

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-Occupied72.0%
Renter-Occupied28.0%
Homeownership Rate72.0%
Total Housing Units201
Median Year Built1988
Rent Burden24.1%