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Mackinac Island, MI
Full City Profile · Michigan · Emmet County County
2.7
/5.0
C+
Fair
663
Population
152/sq mi density
$100,125
Median Income
$46,601 per capita
$834,600
Home Value
$469,995 Zillow
$1,164
Median Rent
13.5% income on rent
43°F
Avg Temperature
270 sunny days/yr
427
Violent Crime/100K
20,085 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$100,125 median income, 7.0% unemployment
D
Affordability
2.0 / 5.0
$834,600 home value, $1,164/mo rent
F
Safety
1.0 / 5.0
427 violent crimes/100K (12% above avg)
A
Education
4.0 / 5.0
38.1% bachelor's degree or higher
Housing Overview
Median Home Value
$834,600
196% above
US avg: $281,900
Median Rent
$1,164/mo
0% below
US avg: $1,163/mo
Homeownership Rate
48.5%
26% below US avg (65.4%)
Total Housing Units
957
Median year built: 1969
Home Value by Source
Census Median
$834,600
Zillow (ZHVI)
$469,995
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
48.5%
Owner-Occupied
51.5%
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:
$1,164/mo
Affordability & Housing Stock
Rent Burden
13.5%
of renters spending 30%+ of income on housing
56% below US avg (31.0%)
Median Year Built
1969
Average age of housing stock: 57 years
Homeownership Rate
48.5%
Complete Housing Data
Home Values
| Census Median Value | $834,600 |
| Zillow Home Value (ZHVI) | $469,995 |
Rent
| Census Median Rent | $1,164 |
| 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 | 48.5% |
| Renter-Occupied | 51.5% |
| Homeownership Rate | 48.5% |
| Total Housing Units | 957 |
| Median Year Built | 1969 |
| Rent Burden | 13.5% |