Luce County, Michigan
Income Data
At a Glance
How Luce County Compares
Detailed Income Statistics
Data Story
About Household Income in Luce County, Michigan
Luce County significantly trails national average
Luce County's median household income of $54,338 is 27% below the U.S. median of $74,755, placing it among lower-earning American counties. Remote Upper Peninsula geography and limited economic diversity constrain earning opportunities for residents.
Well below Michigan's statewide median
At $54,338, Luce County's median household income falls 15% short of Michigan's state average of $64,304. The county represents one of Michigan's economically challenged regions, with limited job markets and population pressures affecting household earnings.
Competing with other UP lower-income counties
Luce County's $54,338 median income slightly exceeds Lake County ($49,680) but trails Keweenaw County ($53,893) and significantly lags all Lower Peninsula counties surveyed. The county faces economic headwinds typical of remote Upper Peninsula communities.
Housing affordable but income strained
Luce County's 17.6% rent-to-income ratio indicates manageable housing costs, and the median home value of $110,400 is low in absolute terms. However, the lower median income means households have limited discretionary income after covering basic housing and living expenses.
Focus on financial resilience and growth
Luce County residents should prioritize building emergency savings and reducing high-interest debt to improve financial stability. Explore local workforce development programs, skills training, and education opportunities to increase earning potential and long-term economic security.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Luce County median
County median: $54,338 per year
vs. County Median
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vs. State Average
-15%
vs. National Median
-27%
Income Adequacy
Your monthly income ($4,528) vs. median rent ($799/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.