Cost of Living in Missaukee County, Michigan

$838/mo
Median Monthly Rent
$163,700
Median Home Value

At a Glance

Median Monthly Rent
$838/mo
4% below state average
Median Home Value
$163,700
42% below national
Rent-to-Income Ratio
30.0%
% of income spent on rent

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

Affordability Rating
Unaffordable
Rent over 50% of income

How Missaukee County Compares

Median monthly rent comparison

Missaukee County$838/mo
Michigan Average$873/mo
National Median$1,163/mo

Detailed Housing Stats

$838/mo
Median Gross Rent
$163,700
Median Home Value
$868/mo
Monthly Owner Cost
30.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Missaukee County ranks #1,583 of 3,144 counties for affordability (top 50%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Missaukee County, Michigan

Missaukee's affordability mirrors the nation

Residents spend 16.3% of household income on rent, matching the national trend exactly despite earning $12,887 less than the U.S. median. This alignment suggests Missaukee's housing costs scale proportionally with local wages, making it neither a bargain nor a burden compared to the broader American landscape.

Right in Michigan's sweet spot

Missaukee's 16.3% rent-to-income ratio ties the state average, placing it squarely in Michigan's affordability middle ground. Among Michigan's 83 counties, this positioning means Missaukee offers typical housing costs for the state without standing out as particularly expensive or cheap.

Competitive with nearby counties

Missaukee's $838 monthly rent sits between neighboring Montcalm County ($867) and Montmorency County ($811), offering a middle option for renters considering the region. Homebuyers here pay $868 monthly, outpacing Montmorency but trailing Montcalm's $908, giving prospective owners choices across a tight range.

Housing takes one-sixth of income

With median rent at $838 and homeownership costs at $868, Missaukee residents allocate roughly equal amounts whether renting or buying. At a $61,868 median household income, renters and owners each dedicate about 16% of earnings to housing, leaving substantial income for other needs.

A balanced choice for Michigan movers

If you're relocating within Michigan and want predictable housing costs, Missaukee offers stable affordability aligned with state norms—neither stretching your budget nor offering exceptional savings. Compare this 16.3% rent-to-income ratio to your current situation to see if Missaukee's balance fits your financial goals.

Cost of Living Advisory: Missaukee County

Affordability Verdict

Housing in Missaukee County is affordable. The median rent is $838/month against a median household income of $61,868, putting rent at 16.3% of income.

Rent vs. Own

Renters in Missaukee County pay $838/month on average, compared to $868/month for homeowners. This market favors renters by about 3%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $33,520/year. For owner costs at the 28% rule, the required income is roughly $37,200/year. With a median household income of $61,868, most households can comfortably afford rent here. Notably, 30.0% of renter households in Missaukee County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Michigan, Missaukee County is less affordable than Branch County by roughly 7% ($838/mo vs $900/mo).

Affordability Calculator

See how your income compares to housing costs in Missaukee County

$

Rent Burden

16.3%

of gross income

Max Housing (28% Rule)

$1,444

per month

Owner Cost Burden

16.8%

of gross income

You can likely afford the median home in Missaukee County

Median home value is $163,700. Estimated monthly cost: $1,307 vs. your max of $1,444.

Rent Affordability Guide

Your rent-to-income ratio16.3%
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: $61,868Needed: $33,520
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $61,868Needed: $37,200
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $61,868Needed: $38,097

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 Missaukee County, Michigan?
Missaukee County, Michigan has a median monthly rent of $838/mo and a median home value of $163,700. The affordability rating is Unaffordable, with rent making up approximately 30.0% of median household income.
What is the median rent in Missaukee County?
The median gross rent in Missaukee County is $838/mo. This is 4% below state average for Michigan.
Is Missaukee County affordable?
Missaukee County is rated Unaffordable based on rent-to-income ratio of 30.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Missaukee County's rent compare to the state average?
Missaukee County's median rent of $838/mo is 4% below state average of $873/mo for Michigan.
What is the median home value in Missaukee County?
The median home value in Missaukee County, Michigan is $163,700. This is 42% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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