Painesdale, MI
Full City Profile · Michigan · Keweenaw County County
3.2
/5.0
B
Good
353
Population
883/sq mi density
$62,436
Median Income
$29,449 per capita
$84,800
Home Value
$210,679 Zillow
40°F
Avg Temperature
249 sunny days/yr
175
Violent Crime/100K
764 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$62,436 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$84,800 home value, /mo rent
F
Safety
1.0 / 5.0
175 violent crimes/100K
C+
Education
2.6 / 5.0
19.8% bachelor's degree or higher
Housing Overview
Median Home Value
$84,800
70% below
US avg: $281,900
Homeownership Rate
96.4%
47% above US avg (65.4%)
Total Housing Units
135
Median year built: 1938
Home Value by Source
Census Median
$84,800
Zillow (ZHVI)
$210,679
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
96.4%
Owner-Occupied
3.6%
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
Affordability & Housing Stock
Rent Burden
23.4%
of renters spending 30%+ of income on housing
25% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
96.4%
Complete Housing Data
Home Values
| Census Median Value | $84,800 |
| Zillow Home Value (ZHVI) | $210,679 |
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 | 96.4% |
| Renter-Occupied | 3.6% |
| Homeownership Rate | 96.4% |
| Total Housing Units | 135 |
| Median Year Built | 1938 |
| Rent Burden | 23.4% |
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