Eagle River, MI
Full City Profile · Michigan · Keweenaw County County
3.4
/5.0
B
Good
77
Population
12/sq mi density
$61,250
Median Income
$39,813 per capita
$286,100
Home Value
$198,061 Zillow
41°F
Avg Temperature
253 sunny days/yr
206
Violent Crime/100K
1,184 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$61,250 median income, 5.3% unemployment
A
Affordability
4.0 / 5.0
$286,100 home value, /mo rent
F
Safety
1.0 / 5.0
206 violent crimes/100K
A+
Education
4.7 / 5.0
46.1% bachelor's degree or higher
Housing Overview
Median Home Value
$286,100
1% above
US avg: $281,900
Homeownership Rate
94.6%
45% above US avg (65.4%)
Total Housing Units
142
Median year built: 1958
Home Value by Source
Census Median
$286,100
Zillow (ZHVI)
$198,061
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
94.6%
Owner-Occupied
5.4%
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
23.4%
of renters spending 30%+ of income on housing
25% below US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
94.6%
Complete Housing Data
Home Values
| Census Median Value | $286,100 |
| Zillow Home Value (ZHVI) | $198,061 |
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 | 94.6% |
| Renter-Occupied | 5.4% |
| Homeownership Rate | 94.6% |
| Total Housing Units | 142 |
| Median Year Built | 1958 |
| Rent Burden | 23.4% |
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