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Stephenson, MI
Full City Profile · Michigan · Menominee County County
2.8
/5.0
C+
Fair
931
Population
854/sq mi density
$43,529
Median Income
$23,848 per capita
$97,700
Home Value
$177,886 Zillow
$657
Median Rent
30.0% income on rent
43°F
Avg Temperature
258 sunny days/yr
319
Violent Crime/100K
2,844 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$43,529 median income, 1.4% unemployment
A+
Affordability
5.0 / 5.0
$97,700 home value, $657/mo rent
F
Safety
1.0 / 5.0
319 violent crimes/100K
C
Education
2.3 / 5.0
16.0% bachelor's degree or higher
Housing Overview
Median Home Value
$97,700
65% below
US avg: $281,900
Median Rent
$657/mo
44% below
US avg: $1,163/mo
Homeownership Rate
71.8%
10% above US avg (65.4%)
Total Housing Units
423
Median year built: 1969
Home Value by Source
Census Median
$97,700
Zillow (ZHVI)
$177,886
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
71.8%
Owner-Occupied
28.2%
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:
$657/mo
Affordability & Housing Stock
Rent Burden
30.0%
of renters spending 30%+ of income on housing
3% below US avg (31.0%)
Median Year Built
1969
Average age of housing stock: 57 years
Homeownership Rate
71.8%
Complete Housing Data
Home Values
| Census Median Value | $97,700 |
| Zillow Home Value (ZHVI) | $177,886 |
Rent
| Census Median Rent | $657 |
| 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 | 71.8% |
| Renter-Occupied | 28.2% |
| Homeownership Rate | 71.8% |
| Total Housing Units | 423 |
| Median Year Built | 1969 |
| Rent Burden | 30.0% |