All Countries
Grand Marais, MI
Full City Profile · Michigan · Luce County County
3.9
/5.0
B+
Good
255
Population
135/sq mi density
$55,809
Median Income
$41,296 per capita
$158,500
Home Value
$113,064 Zillow
43°F
Avg Temperature
253 sunny days/yr
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$55,809 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$158,500 home value, /mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
B+
Education
4.0 / 5.0
37.2% bachelor's degree or higher
Housing Overview
Median Home Value
$158,500
44% below
US avg: $281,900
Homeownership Rate
89.6%
37% above US avg (65.4%)
Total Housing Units
441
Median year built: 1983
Home Value by Source
Census Median
$158,500
Zillow (ZHVI)
$113,064
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
89.6%
Owner-Occupied
10.4%
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
9.0%
of renters spending 30%+ of income on housing
71% below US avg (31.0%)
Median Year Built
1983
Average age of housing stock: 43 years
Homeownership Rate
89.6%
Complete Housing Data
Home Values
| Census Median Value | $158,500 |
| Zillow Home Value (ZHVI) | $113,064 |
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 | 89.6% |
| Renter-Occupied | 10.4% |
| Homeownership Rate | 89.6% |
| Total Housing Units | 441 |
| Median Year Built | 1983 |
| Rent Burden | 9.0% |