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Michigamme, MI
Full City Profile · Michigan · Baraga County County
2.9
/5.0
C+
Fair
196
Population
82/sq mi density
$48,750
Median Income
$27,171 per capita
$166,300
Home Value
$193,218 Zillow
39°F
Avg Temperature
249 sunny days/yr
61
Violent Crime/100K
1,375 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$48,750 median income, 7.9% unemployment
A+
Affordability
4.8 / 5.0
$166,300 home value, /mo rent
F
Safety
1.0 / 5.0
61 violent crimes/100K
B
Education
3.1 / 5.0
26.0% bachelor's degree or higher
Housing Overview
Median Home Value
$166,300
41% below
US avg: $281,900
Homeownership Rate
98.9%
51% above US avg (65.4%)
Total Housing Units
238
Median year built: 1968
Home Value by Source
Census Median
$166,300
Zillow (ZHVI)
$193,218
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
98.9%
Owner-Occupied
1.1%
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
22.8%
of renters spending 30%+ of income on housing
26% below US avg (31.0%)
Median Year Built
1968
Average age of housing stock: 58 years
Homeownership Rate
98.9%
Complete Housing Data
Home Values
| Census Median Value | $166,300 |
| Zillow Home Value (ZHVI) | $193,218 |
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 | 98.9% |
| Renter-Occupied | 1.1% |
| Homeownership Rate | 98.9% |
| Total Housing Units | 238 |
| Median Year Built | 1968 |
| Rent Burden | 22.8% |