Cost of Living in Mackinac 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 Mackinac County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Mackinac County ranks #857 of 3,142 counties for affordability (top 27%)
Sourced county brief
Mackinac County Median Rent as Percentage of Household Income at 23.0%
In Mackinac County, the median gross rent as a percentage of household income was estimated at 23.0%, according to the official ACS B25071 GRAPI metric. This figure differs by 5.9 percentage points from the Michigan unweighted county mean of 28.9%. The median gross rent in the county was $760 per month, which is below the unweighted county mean for the state of $906. For owner-occupied units, the median selected monthly owner costs were $757, compared to the unweighted county mean of $918. The median home value in the county was reported at $174,500, a value below the Michigan unweighted county mean of $197,293. Household income for renters in the area was recorded at a median of $40,000. These data points provide a snapshot of housing costs relative to local income levels across different tenure groups. 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: Mackinac County
Affordability Verdict
ACS B25071 estimates median gross rent at 23.0% of renter household income in Mackinac County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $760 per month; median selected monthly owner costs are $757. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $30,400 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. Mackinac County's $760 median is 16.1% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Mackinac County
Rent Burden
14.3%
of gross income
Max Housing (28% Rule)
$1,491
per month
Owner Cost Burden
14.2%
of gross income
You can likely afford the median home in Mackinac County
Median home value is $174,500. Estimated monthly cost: $1,393 vs. your max of $1,491.
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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