All Countries
Watersmeet, MI
Full City Profile · Michigan · Vilas County County
3.0
/5.0
B
Good
273
Population
30/sq mi density
$60,708
Median Income
$31,190 per capita
$68,500
Home Value
$272,641 Zillow
39°F
Avg Temperature
249 sunny days/yr
205
Violent Crime/100K
4,162 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$60,708 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$68,500 home value, /mo rent
F
Safety
1.0 / 5.0
205 violent crimes/100K
D
Education
1.7 / 5.0
9.2% bachelor's degree or higher
Housing Overview
Median Home Value
$68,500
76% below
US avg: $281,900
Homeownership Rate
87.6%
34% above US avg (65.4%)
Total Housing Units
218
Median year built: 1963
Home Value by Source
Census Median
$68,500
Zillow (ZHVI)
$272,641
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
87.6%
Owner-Occupied
12.4%
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
21.5%
of renters spending 30%+ of income on housing
31% below US avg (31.0%)
Median Year Built
1963
Average age of housing stock: 63 years
Homeownership Rate
87.6%
Complete Housing Data
Home Values
| Census Median Value | $68,500 |
| Zillow Home Value (ZHVI) | $272,641 |
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 | 87.6% |
| Renter-Occupied | 12.4% |
| Homeownership Rate | 87.6% |
| Total Housing Units | 218 |
| Median Year Built | 1963 |
| Rent Burden | 21.5% |