Cost of Living in Menominee County, Wisconsin

$624/mo
Median Monthly Rent
$97,000
Median Home Value

At a Glance

Median Monthly Rent
$624/mo
30% below state average
Median Home Value
$97,000
66% below national
Rent-to-Income Ratio
23.0%
% 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 Menominee County Compares

Median monthly rent comparison

Menominee County$624/mo
Wisconsin Average$891/mo
National Median$1,163/mo

Detailed Housing Stats

$624/mo
Median Gross Rent
$97,000
Median Home Value
$586/mo
Monthly Owner Cost
23.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Menominee County ranks #824 of 3,144 counties for affordability (top 26%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Menominee County, Wisconsin

Menominee achieves exceptional affordability

Menominee County renters spend just 12.6% of their $59,528 median household income on $624 monthly rent, beating both Wisconsin's state average of 14.9% and the national affordability benchmark by a significant margin. This county offers some of the Midwest's most accessible rental housing.

Wisconsin's most affordable county

Menominee's 12.6% rent-to-income ratio ranks at or near the top of all Wisconsin counties, a remarkable achievement given its below-average household incomes and lowest median rents statewide. Menominee delivers exceptional value despite economic modesty.

Lowest rent and lowest ratio in region

Menominee's $624 rent undercuts all neighbors by $100+, and its 12.6% ratio beats every regional peer, including Lincoln (13.6%) and Marinette (14.2%). No other county in this cluster approaches Menominee's affordability advantage.

Renters and owners both get deals

Renters allocate just $624 monthly (12.6%), while homeowners pay $586 monthly—an extraordinary 11.8% of income—for median homes valued at $97,000, the lowest in Wisconsin. Menominee offers rock-bottom housing costs across both tenure types.

Menominee: Wisconsin's affordability champion

If housing costs matter most, Menominee is unbeatable: $624 rent, $97K homes, and a 12.6% affordability ratio that beats every Wisconsin county. Compare Menominee's exceptional value against higher-cost neighbors if you're relocating and budget is the priority.

Cost of Living Advisory: Menominee County

Affordability Verdict

Menominee County offers affordable rental housing at a median of $624/month — about 12.6% of the typical household income here.

Rent vs. Own

Renters in Menominee County pay $624/month on average, compared to $586/month for homeowners. This market favors buyers by about 6%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $24,960/year. For owner costs at the 28% rule, the required income is roughly $25,114/year. With a median household income of $59,528, most households can comfortably afford rent here. Notably, 23.0% of renter households in Menominee County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Sawyer County where rent averages $683/month, Menominee County is approximately 9% less expensive.

Affordability Calculator

See how your income compares to housing costs in Menominee County

$

Rent Burden

12.6%

of gross income

Max Housing (28% Rule)

$1,389

per month

Owner Cost Burden

11.8%

of gross income

You can likely afford the median home in Menominee County

Median home value is $97,000. Estimated monthly cost: $774 vs. your max of $1,389.

Rent Affordability Guide

Your rent-to-income ratio12.6%
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: $59,528Needed: $24,960
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $59,528Needed: $25,114
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $59,528Needed: $22,575

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, Wisconsin?
Menominee County, Wisconsin has a median monthly rent of $624/mo and a median home value of $97,000. The affordability rating is Unaffordable, with rent making up approximately 23.0% of median household income.
What is the median rent in Menominee County?
The median gross rent in Menominee County is $624/mo. This is 30% below state average for Wisconsin.
Is Menominee County affordable?
Menominee County is rated Unaffordable based on rent-to-income ratio of 23.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Menominee County's rent compare to the state average?
Menominee County's median rent of $624/mo is 30% below state average of $891/mo for Wisconsin.
What is the median home value in Menominee County?
The median home value in Menominee County, Wisconsin is $97,000. This is 66% 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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