Marenisco, MI

Full City Profile · Michigan · Gogebic County County

3.3 /5.0
B Good
198 Population 57/sq mi density
$40,556 Median Income $25,191 per capita
$45,400 Home Value $246,507 Zillow
40°F Avg Temperature
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$40,556 median income, 5.5% unemployment
A+
Affordability
5.0 / 5.0
$45,400 home value, /mo rent
C
Education
2.1 / 5.0
14.1% bachelor's degree or higher

Housing Overview

Median Home Value
$45,400
84% below
US avg: $281,900
Homeownership Rate
98.1%
50% above US avg (65.4%)
Total Housing Units
183
Median year built: 1957

Home Value by Source

Census Median
$45,400
Zillow (ZHVI)
$246,507
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

98.1%
Owner-Occupied
1.9%
Renter-Occupied
98%
2%
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
29.2%
of renters spending 30%+ of income on housing
6% below US avg (31.0%)
Median Year Built
1957
Average age of housing stock: 69 years
Homeownership Rate
98.1%

Complete Housing Data

Home Values

Census Median Value$45,400
Zillow Home Value (ZHVI)$246,507

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-Occupied98.1%
Renter-Occupied1.9%
Homeownership Rate98.1%
Total Housing Units183
Median Year Built1957
Rent Burden29.2%