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Houghton, MI
Full City Profile · Michigan · Keweenaw County County
2.9
/5.0
C+
Fair
8,341
Population
1,904/sq mi density
$35,417
Median Income
$27,698 per capita
$233,700
Home Value
$261,219 Zillow
$861
Median Rent
37.5% income on rent
41°F
Avg Temperature
253 sunny days/yr
37
Violent Crime/100K
1,407 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.5 / 5.0
$35,417 median income, 5.8% unemployment
C+
Affordability
2.9 / 5.0
$233,700 home value, $861/mo rent
F
Safety
1.0 / 5.0
37 violent crimes/100K
A+
Education
5.0 / 5.0
65.7% bachelor's degree or higher
Housing Overview
Median Home Value
$233,700
17% below
US avg: $281,900
Median Rent
$861/mo
26% below
US avg: $1,163/mo
Homeownership Rate
37.7%
42% below US avg (65.4%)
Total Housing Units
2,588
Median year built: 1977
Home Value by Source
Census Median
$233,700
Zillow (ZHVI)
$261,219
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
37.7%
Owner-Occupied
62.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$795/mo
1 Bedroom
$800/mo
2 Bedroom
$973/mo
3 Bedroom
$1,353/mo
4 Bedroom
$1,632/mo
Census median rent:
$861/mo
Affordability & Housing Stock
Rent Burden
37.5%
of renters spending 30%+ of income on housing
21% above US avg (31.0%)
Median Year Built
1977
Average age of housing stock: 49 years
Homeownership Rate
37.7%
Complete Housing Data
Home Values
| Census Median Value | $233,700 |
| Zillow Home Value (ZHVI) | $261,219 |
Rent
| Census Median Rent | $861 |
| FMR Studio | $795 |
| FMR 1-Bedroom | $800 |
| FMR 2-Bedroom | $973 |
| FMR 3-Bedroom | $1,353 |
| FMR 4-Bedroom | $1,632 |
Market
Ownership & Stock
| Owner-Occupied | 37.7% |
| Renter-Occupied | 62.3% |
| Homeownership Rate | 37.7% |
| Total Housing Units | 2,588 |
| Median Year Built | 1977 |
| Rent Burden | 37.5% |