Cost of Living in Alcona County, Michigan
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Alcona County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Alcona County ranks #1,139 of 3,142 counties for affordability (top 36%)
Sourced county brief
Alcona County Median Gross Rent Percentage Reaches 30.6 Percent
In Alcona County, Michigan, the median gross rent as a percentage of household income among renter-occupied housing units was estimated at 30.6% for the 2020-2024 period. This official B25071 GRAPI value is 1.7 percentage points above the Michigan unweighted county mean of 28.9%. Renter-household income in the county was estimated at $35,306, while the median gross rent was $867 per month. For homeowners, the median home value was $162,800, which is below the state unweighted county mean of $197,293. Median selected monthly owner costs for all owner-occupied units were $680, compared to the state unweighted county mean of $918. These figures represent the housing cost landscape as captured by the American Community Survey 5-Year Estimates. The data version is acs5-2020-2024 and the methodology version is cost-brief-v1. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Alcona County
Affordability Verdict
ACS B25071 estimates median gross rent at 30.6% of renter household income in Alcona County, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $867 per month; median selected monthly owner costs are $680. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $34,680 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Michigan unweighted mean of county median rents is $906 per month. Alcona County's $867 median is 4.3% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Alcona County
Rent Burden
18.9%
of gross income
Max Housing (28% Rule)
$1,283
per month
Owner Cost Burden
14.8%
of gross income
The median home in Alcona County may be a stretch
Median home value is $162,800. Estimated monthly cost: $1,300 vs. your max of $1,283.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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