Hubbard Lake, MI
Full City Profile · Michigan · Alpena County County
3.8
/5.0
B+
Good
976
Population
112/sq mi density
$67,841
Median Income
$47,764 per capita
$272,300
Home Value
$250,341 Zillow
44°F
Avg Temperature
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$67,841 median income, 7.7% unemployment
A
Affordability
4.4 / 5.0
$272,300 home value, /mo rent
B+
Education
3.6 / 5.0
32.6% bachelor's degree or higher
Housing Overview
Median Home Value
$272,300
3% below
US avg: $281,900
Homeownership Rate
99.1%
52% above US avg (65.4%)
Total Housing Units
1,331
Median year built: 1969
Home Value by Source
Census Median
$272,300
Zillow (ZHVI)
$250,341
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
99.1%
Owner-Occupied
0.9%
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
Affordability & Housing Stock
Rent Burden
28.6%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1969
Average age of housing stock: 57 years
Homeownership Rate
99.1%
Complete Housing Data
Home Values
| Census Median Value | $272,300 |
| Zillow Home Value (ZHVI) | $250,341 |
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 | 99.1% |
| Renter-Occupied | 0.9% |
| Homeownership Rate | 99.1% |
| Total Housing Units | 1,331 |
| Median Year Built | 1969 |
| Rent Burden | 28.6% |