Ishpeming, MI
Full City Profile · Michigan · Marquette County County
2.9
/5.0
C+
Fair
6,173
Population
705/sq mi density
$52,717
Median Income
$26,740 per capita
$109,200
Home Value
$201,500 Zillow
$688
Median Rent
31.4% income on rent
40°F
Avg Temperature
194
Violent Crime/100K
936 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.5 / 5.0
$52,717 median income, 8.3% unemployment
A+
Affordability
5.0 / 5.0
$109,200 home value, $688/mo rent
F
Safety
1.0 / 5.0
194 violent crimes/100K
B
Education
3.1 / 5.0
26.3% bachelor's degree or higher
Housing Overview
Median Home Value
$109,200
61% below
US avg: $281,900
Median Rent
$688/mo
41% below
US avg: $1,163/mo
Homeownership Rate
71.0%
9% above US avg (65.4%)
Total Housing Units
2,844
Median year built: 1941
Home Value by Source
Census Median
$109,200
Zillow (ZHVI)
$201,500
Redfin Median Sale
$238,500
Median Sale Price
$238,500
Median List Price
$165,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
71.0%
Owner-Occupied
29.0%
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
Census median rent:
$688/mo
Market Indicators (Redfin)
Median Sale Price
$238,500
Median Days on Market
113 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
3
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$158
Active Inventory
11
homes for sale
Affordability & Housing Stock
Rent Burden
31.4%
of renters spending 30%+ of income on housing
1% above US avg (31.0%)
Median Year Built
1941
Average age of housing stock: 85 years
Homeownership Rate
71.0%
Complete Housing Data
Home Values
| Census Median Value | $109,200 |
| Zillow Home Value (ZHVI) | $201,500 |
| Redfin Median Sale | $238,500 |
| Median Sale Price | $238,500 |
| Median List Price | $165,000 |
| Price Per Sq Ft | $158 |
Rent
| Census Median Rent | $688 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
| Days on Market | 113 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 0.0% |
| Homes Sold | 3 |
| Active Inventory | 11 |
| Price Per Sq Ft | $158 |
Ownership & Stock
| Owner-Occupied | 71.0% |
| Renter-Occupied | 29.0% |
| Homeownership Rate | 71.0% |
| Total Housing Units | 2,844 |
| Median Year Built | 1941 |
| Rent Burden | 31.4% |