Housing affordability index in Michigan

Housing affordability index in Michigan: puts one number on the housing question: 18.5% of the state's median household income goes to principal and interest on a median-priced home at today's rate.

30-year fixed rate used: 6.76% (observed 2026-09-10, FRED MORTGAGE30US).

Share of income

18.5%

principal + interest

Monthly payment

$1,071

on a $206,234 home

Median income

$69,647

households, ACS 5-year

Housing affordability index in Michigan: counties ranked, least affordable first
RankCountyShare of incomeMonthly P&I
1Leelanau County28.1%$1,928
2Washtenaw County24.9%$1,747
3Grand Traverse County22.5%$1,420
4Emmet County22%$1,279
5Benzie County21.3%$1,265
6Oakland County20.4%$1,573
7Livingston County20.2%$1,620
8Berrien County20%$1,006
9Ottawa County20%$1,398
10Kent County19.8%$1,258
11Charlevoix County19.7%$1,143
12Kalamazoo County19.2%$1,089
13Isabella County18.9%$828
14Allegan County18.6%$1,169
15Mason County18.6%$941
16Barry County18.5%$1,161
17Alcona County18.4%$770
18St. Clair County18.4%$1,025
19Macomb County18.2%$1,123
20Marquette County18.2%$957
21Antrim County18.1%$1,038
22Lapeer County18.1%$1,139
23Otsego County17.7%$927
24Alger County17.6%$813
25Mecosta County17.6%$795
26Cheboygan County17.5%$869
27Keweenaw County17.5%$810
28Monroe County17.4%$1,050
29Newaygo County17.4%$857
30Ingham County17.3%$902
31Wayne County17.3%$824
32Cass County17.3%$941
33Clinton County17.1%$1,174
34Kalkaska County16.9%$794
35Montmorency County16.9%$652
36Genesee County16.8%$823
37Hillsdale County16.7%$826
38Roscommon County16.7%$693
39Sanilac County16.7%$775
40Jackson County16.6%$866
41Missaukee County16.6%$796
42Manistee County16.5%$820
43Muskegon County16.5%$843
44Van Buren County16.4%$894
45Gladwin County16.3%$730
46Alpena County16.2%$665
47Delta County16.1%$723
48Mackinac County16.1%$815
49Iosco County16%$615
50Lenawee County16%$873
51Lake County15.9%$608
52Montcalm County15.8%$805
53Eaton County15.7%$1,010
54Oscoda County15.7%$636
55Oceana County15.6%$788
56Ogemaw County15.5%$651
57Wexford County15.5%$759
58Houghton County15.3%$671
59St. Joseph County15.3%$794
60Chippewa County15.2%$738
61Menominee County15.2%$687
62Shiawassee County15.1%$789
63Calhoun County14.9%$720
64Huron County14.8%$673
65Clare County14.7%$584
66Ionia County14.7%$881
67Baraga County14.6%$632
68Crawford County14.6%$703
69Osceola County14.6%$666
70Schoolcraft County14.6%$671
71Midland County14.5%$891
72Branch County14.4%$728
73Saginaw County14.4%$681
74Presque Isle County13.9%$648
75Arenac County13.8%$614
76Gratiot County13.6%$657
77Bay County13.5%$649
78Tuscola County13.3%$661
79Dickinson County12.8%$637
80Luce County12.8%$543
81Ontonagon County11.6%$466
82Gogebic County11.4%$456
83Iron County11.4%$498

Methodology

Every county figure for Michigan uses the county's own median home value and median household income from the Census American Community Survey 5-year estimates, a 20% deposit, and the current 30-year fixed rate from FRED (MORTGAGE30US) amortised over 30 years.

The share shown is annualised principal and interest divided by median household income. Property tax, insurance and HOA dues are excluded so the comparison between counties stays like-for-like.

Counties without both a published home value and a published income are left out entirely rather than filled with an estimate, so the table is shorter than the county list in some states.

Sources: FRED series MORTGAGE30US, Freddie Mac Primary Mortgage Market Survey; U.S. Census Bureau, American Community Survey 5-year estimates. American Community Survey 5-year estimates, 2022.