Powers, MI
Full City Profile · Michigan · Menominee County County
3.0
/5.0
B
Good
370
Population
394/sq mi density
$35,417
Median Income
$22,259 per capita
$92,900
Home Value
$186,748 Zillow
$439
Median Rent
19.4% income on rent
42°F
Avg Temperature
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C
Economy
2.2 / 5.0
$35,417 median income, 9.2% unemployment
A+
Affordability
5.0 / 5.0
$92,900 home value, $439/mo rent
D
Education
1.8 / 5.0
9.8% bachelor's degree or higher
Housing Overview
Median Home Value
$92,900
67% below
US avg: $281,900
Median Rent
$439/mo
62% below
US avg: $1,163/mo
Homeownership Rate
55.5%
15% below US avg (65.4%)
Total Housing Units
130
Median year built: 1965
Home Value by Source
Census Median
$92,900
Zillow (ZHVI)
$186,748
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
55.5%
Owner-Occupied
44.5%
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:
$439/mo
Affordability & Housing Stock
Rent Burden
19.4%
of renters spending 30%+ of income on housing
37% below US avg (31.0%)
Median Year Built
1965
Average age of housing stock: 61 years
Homeownership Rate
55.5%
Complete Housing Data
Home Values
| Census Median Value | $92,900 |
| Zillow Home Value (ZHVI) | $186,748 |
Rent
| Census Median Rent | $439 |
| 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 | 55.5% |
| Renter-Occupied | 44.5% |
| Homeownership Rate | 55.5% |
| Total Housing Units | 130 |
| Median Year Built | 1965 |
| Rent Burden | 19.4% |