Leelanau County, Michigan
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Leelanau County Compares
Detailed Income Statistics
Income Advisory: Leelanau County
Income Verdict
Leelanau County has a median household income of $91,943 and per capita income of $53,601 — a gap of $38,342, suggesting a higher share of single-earner or non-family households.
Housing Affordability
With median gross rent at $1,223/month and a median household income of $91,943, rent consumes approximately 16.0% of monthly income — well within affordable thresholds.
Economic Context
The median household income of $91,943 places Leelanau County in a high-earning tier, supporting strong purchasing power and above-average consumer spending. Per capita income of $53,601 reflects a relatively affluent population with substantial individual earning capacity.
Neighbor Context
Leelanau County earns approximately 43% above the Michigan state median household income of $64,304, positioning it favorably within the state.
Data Story
About Household Income in Leelanau County, Michigan
Leelanau County ranks among nation's wealthiest
Leelanau County's median household income of $91,943 is 23% above the U.S. median of $74,755, placing it in the top tier of American counties. The scenic Northern Michigan location and strong tourism, second-home, and professional services economy drive above-average earnings.
Michigan's premium income destination
At $91,943, Leelanau County's median household income towers 43% above Michigan's state average of $64,304. The county ranks among Michigan's most affluent regions, rivaling the state's economic powerhouses in average household earnings.
Leading income earners in the region
Leelanau County's $91,943 median income surpasses all comparison counties except Livingston County ($101,315), demonstrating exceptional regional prosperity. The county's wealth outpaces Kent County ($80,390), Lapeer County ($76,228), and all lower-income peers significantly.
Income challenged by premium property values
Despite strong median income, Leelanau County's median home value of $406,900 creates an affordability tension—homes cost 4.4 times the median household income. The 16.0% rent-to-income ratio remains healthy, but homeownership entry prices are steep relative to most American markets.
Maximize wealth strategies for high earners
Leelanau County's affluent residents should maximize tax-advantaged retirement contributions, explore investment properties, and consider wealth preservation strategies with professional advisors. High earners benefit from strategic tax planning, diversified portfolios, and legacy planning to sustain generational wealth.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Leelanau County median
County median: $91,943 per year
vs. County Median
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vs. State Average
+43%
vs. National Median
+23%
Income Adequacy
Your monthly income ($7,662) vs. median rent ($1,223/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.