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Munising, MI
Full City Profile · Michigan · Alger County County
3.3
/5.0
B
Good
1,907
Population
363/sq mi density
$54,375
Median Income
$32,154 per capita
$112,300
Home Value
$195,090 Zillow
$718
Median Rent
19.5% income on rent
42°F
Avg Temperature
249 sunny days/yr
322
Violent Crime/100K
1,837 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$54,375 median income, 3.1% unemployment
A+
Affordability
5.0 / 5.0
$112,300 home value, $718/mo rent
F
Safety
1.0 / 5.0
322 violent crimes/100K
B
Education
3.2 / 5.0
27.5% bachelor's degree or higher
Housing Overview
Median Home Value
$112,300
60% below
US avg: $281,900
Median Rent
$718/mo
38% below
US avg: $1,163/mo
Homeownership Rate
65.4%
0% below US avg (65.4%)
Total Housing Units
1,174
Median year built: 1955
Home Value by Source
Census Median
$112,300
Zillow (ZHVI)
$195,090
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
65.4%
Owner-Occupied
34.6%
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:
$718/mo
Affordability & Housing Stock
Rent Burden
19.5%
of renters spending 30%+ of income on housing
37% below US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
65.4%
Complete Housing Data
Home Values
| Census Median Value | $112,300 |
| Zillow Home Value (ZHVI) | $195,090 |
Rent
| Census Median Rent | $718 |
| 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 | 65.4% |
| Renter-Occupied | 34.6% |
| Homeownership Rate | 65.4% |
| Total Housing Units | 1,174 |
| Median Year Built | 1955 |
| Rent Burden | 19.5% |