Houghton County, Michigan
Income Data
At a Glance
How Houghton County Compares
Detailed Income Statistics
Data Story
About Household Income in Houghton County, Michigan
Houghton County earns below national average
Houghton County's median household income of $56,573 falls about $18,200 short of the national median of $74,755—a 24.3% shortfall. The county ranks in the lower-earnings tier nationally.
Houghton lags Michigan's state income average
At $56,573, Houghton's median household income trails Michigan's state average of $64,304 by nearly $7,700. The per capita income of $31,441 also falls below the state average of $35,451.
Houghton among the lower earners in the region
Houghton's $56,573 median household income ranks below Genesee ($60,673), Gratiot ($61,128), and Hillsdale ($60,869), though slightly above Gladwin ($55,576). The county faces competitive income pressures within its peer group.
Moderate housing costs ease financial strain
Houghton's 16.3% rent-to-income ratio keeps housing costs manageable despite lower overall earnings, staying well within the 30% affordability threshold. With a median home value of $140,300, homeownership remains within reach for median-income households.
Prioritize savings despite modest earnings
Houghton residents earning the median $56,573 have over 83% of income available after housing costs, creating room for systematic savings. Starting with small, consistent contributions to emergency funds and retirement accounts builds a foundation for financial security.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Houghton County median
County median: $56,573 per year
vs. County Median
+0%
vs. State Average
-12%
vs. National Median
-24%
Income Adequacy
Your monthly income ($4,714) vs. median rent ($767/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.