All Countries
Laurium, MI
Full City Profile · Michigan · Keweenaw County County
3.7
/5.0
B+
Good
1,486
Population
2,286/sq mi density
$42,206
Median Income
$32,151 per capita
$87,600
Home Value
$119,739 Zillow
$590
Median Rent
36.1% income on rent
41°F
Avg Temperature
253 sunny days/yr
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$42,206 median income, 0.6% unemployment
A+
Affordability
5.0 / 5.0
$87,600 home value, $590/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
B+
Education
3.6 / 5.0
32.7% bachelor's degree or higher
Housing Overview
Median Home Value
$87,600
69% below
US avg: $281,900
Median Rent
$590/mo
49% below
US avg: $1,163/mo
Homeownership Rate
70.7%
8% above US avg (65.4%)
Total Housing Units
1,009
Median year built: 1938
Home Value by Source
Census Median
$87,600
Zillow (ZHVI)
$119,739
Median Sale Price
$54,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
70.7%
Owner-Occupied
29.3%
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:
$590/mo
Market Indicators (Redfin)
Median Days on Market
182 days
Sale-to-List Ratio
0.8%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$38
Active Inventory
9
homes for sale
Affordability & Housing Stock
Rent Burden
36.1%
of renters spending 30%+ of income on housing
16% above US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
70.7%
Complete Housing Data
Home Values
| Census Median Value | $87,600 |
| Zillow Home Value (ZHVI) | $119,739 |
| Median Sale Price | $54,000 |
| Price Per Sq Ft | $38 |
Rent
| Census Median Rent | $590 |
| 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 | 182 |
| Sale-to-List Ratio | 0.8% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Active Inventory | 9 |
| Price Per Sq Ft | $38 |
Ownership & Stock
| Owner-Occupied | 70.7% |
| Renter-Occupied | 29.3% |
| Homeownership Rate | 70.7% |
| Total Housing Units | 1,009 |
| Median Year Built | 1938 |
| Rent Burden | 36.1% |