Keweenaw County, Michigan
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Keweenaw County Compares
Detailed Income Statistics
Income Advisory: Keweenaw County
Income Verdict
Keweenaw County has a median household income of $53,893 and per capita income of $46,593 — a gap of $7,300, suggesting a higher share of single-earner or non-family households.
Housing Affordability
With median gross rent at $679/month and a median household income of $53,893, rent consumes approximately 15.1% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $53,893, residents of Keweenaw County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $46,593 reflects a relatively affluent population with substantial individual earning capacity.
Neighbor Context
Keweenaw County earns approximately 16.2% below the Michigan state median household income of $64,304.
Data Story
About Household Income in Keweenaw County, Michigan
Keweenaw County lags behind national earnings
Keweenaw County's median household income of $53,893 is 28% below the U.S. median of $74,755, placing it in the lower-income range nationally. The remote Upper Peninsula location and smaller population base contribute to earnings that trail most American counties.
Below Michigan's median but stable
At $53,893, Keweenaw County's median household income trails Michigan's state average of $64,304 by 16%. The county represents the upper-tier earning region within Michigan's Upper Peninsula, supported by education, government, and seasonal tourism employment.
Earning more than some UP peers
Keweenaw County's $53,893 median income exceeds Lake County ($49,680) and Luce County ($54,338) but falls notably short of Kent County ($80,390) and Lapeer County ($76,228). The county occupies a mid-range position within Michigan's economically varied Upper Peninsula region.
Housing remains affordable despite lower income
Keweenaw County's 15.1% rent-to-income ratio demonstrates strong housing affordability, well below the 30% threshold. The median home value of $181,400 is particularly accessible relative to the $53,893 median income, enabling homeownership for most households.
Leverage affordability to build savings
Low housing costs in Keweenaw County create an opportunity to redirect income toward emergency funds and retirement savings. Even modest regular contributions to savings accounts or retirement plans can compound significantly over time, building financial security for the future.
Frequently Asked Questions
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Income Comparison Calculator
See how your household income compares in Keweenaw County
Your income is above the Keweenaw County median
County median: $53,893 per year
vs. County Median
+0%
vs. State Average
-16%
vs. National Median
-28%
Income Adequacy
Your monthly income ($4,491) vs. median rent ($679/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.