Cost of Living in Dickinson County, Michigan
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Dickinson County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Dickinson County, Michigan
Dickinson Delivers Strong Rental Affordability
Dickinson County residents spend 14.4% of their household income on rent—tied with Clinton County for the lowest ratio among profiled Michigan counties and well below the national average. With a median household income of $61,882 and monthly rents of $744, Dickinson offers compelling affordability for renters across income levels.
Among Michigan's Most Affordable Counties
Dickinson County ranks second in Michigan rental affordability with a 14.4% rent-to-income ratio, beating the state average of 16.3% and offering rents 15% below Michigan's median of $873. This combination positions Dickinson as one of the state's strongest housing markets for renters.
Upper Peninsula's Sweetest Rental Deal
Dickinson County's $744 rent and 14.4% ratio beat or match most regional peers—only Delta ($698) offers lower absolute rent, but Dickinson's higher income-to-cost ratio and lower median home value ($130,300) create superior overall affordability. For renters valuing both low costs and ownership potential, Dickinson outperforms its neighbors.
Ownership Costs Nearly Mirror Renting
Dickinson County renters and homeowners pay nearly identical monthly costs—$744 for rent versus $750 for mortgages—creating genuine flexibility between housing pathways. The median home value of $130,300 makes ownership achievable for many households earning the county's $61,882 median income.
Dickinson Rivals Michigan's Best Affordability
Dickinson County joins Michigan's top-tier affordable counties with a 14.4% rent-to-income ratio and balanced rents and ownership costs around $750 monthly. If you're comparing Michigan relocations and value both rental and ownership affordability, Dickinson delivers competitive fundamentals without Delta's isolation or Clinton's premium pricing.
Affordability Calculator
See how your income compares to housing costs in Dickinson County
Rent Burden
14.4%
of gross income
Max Housing (28% Rule)
$1,444
per month
Owner Cost Burden
14.5%
of gross income
You can likely afford the median home in Dickinson County
Median home value is $130,300. Estimated monthly cost: $1,040 vs. your max of $1,444.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.