CostBy County

Cost of Living in Menominee County, Michigan

$692/mo
Median Monthly Rent
$151,800
Median Home Value

At a Glance

Median Monthly Rent
$692/mo
24% below state average
Median Home Value
$151,800
54% below national
Census GRAPI
27.7%
Median gross rent as % of renter income

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

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 Menominee County Compares

Median monthly rent comparison

Menominee County$692/mo
Michigan Average$906/mo
National Median$1,413/mo

Detailed Housing Stats

$692/mo
Median Gross Rent
$151,800
Median Home Value
$677/mo
Monthly Owner Cost
27.7%
Census GRAPI

National Ranking

Affordability Rank

Menominee County ranks #464 of 3,142 counties for affordability (top 15%)

Most AffordableLeast Affordable

Sourced county brief

Menominee County Renter Median Household Income at $28,750

The median household income for renters in Menominee County was $28,750 during the 2020-2024 period. The median gross rent in the county was estimated at $692 per month, which is below the Michigan unweighted county mean of $906. According to the official ACS B25071 GRAPI metric, the median gross rent as a percentage of household income was 27.7%, or 1.2 percentage points lower than the state unweighted county mean of 28.9%. For those in owner-occupied housing, the median selected monthly owner costs were $677, compared to the unweighted county mean of $918 for the state. The median home value was recorded at $151,800, which is lower than the Michigan unweighted county mean of $197,293. These data provide a snapshot of the housing cost and income landscape for both renters and owners. See ACS table B25119 for the underlying estimate.

Cost of Living Advisory: Menominee County

Affordability Verdict

ACS B25071 estimates median gross rent at 27.7% of renter household income in Menominee 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 $692 per month; median selected monthly owner costs are $677. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $27,680 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. Menominee County's $692 median is 23.6% below that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Menominee County

$

Rent Burden

14.7%

of gross income

Max Housing (28% Rule)

$1,317

per month

Owner Cost Burden

14.4%

of gross income

You can likely afford the median home in Menominee County

Median home value is $151,800. Estimated monthly cost: $1,212 vs. your max of $1,317.

Rent Affordability Guide

Your entered rent as a share of entered income14.7%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $56,435Needed: $27,680
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $56,435Needed: $29,014
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $56,435Needed: $35,328

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

What is the cost of living in Menominee County, Michigan?
Menominee County, Michigan has a median monthly rent of $692/mo and a median home value of $151,800. The affordability rating is Affordable, with median gross rent equal to approximately 27.7% of renter household income.
What is the median rent in Menominee County?
The median gross rent in Menominee County is $692/mo. This is 24% below state average for Michigan.
Is Menominee County affordable?
Menominee County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 27.7%. Median gross rent is under 30% of renter household income.
How does Menominee County's rent compare to the state average?
Menominee County's median rent of $692/mo is 24% below state average of $906/mo for Michigan.
What is the median home value in Menominee County?
The median home value in Menominee County, Michigan is $151,800. This is 54% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: 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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