Menominee County, Michigan
Income Data
At a Glance
How Menominee County Compares
Detailed Income Statistics
Data Story
About Household Income in Menominee County, Michigan
Menominee lags far behind national income
Menominee County's median household income of $55,688 ranks among the lowest profiled, falling $19,067 or 25.5% below the national median of $74,755. This substantial gap places the county in the lowest decile nationally and reflects severe economic challenges including population decline and limited employment opportunities. Addressing wage gaps remains critical for the county's future.
Michigan's lowest-income surveyed county
At $55,688, Menominee County ranks among Michigan's 10 lowest-income counties out of 83, trailing the state average of $64,304 by $8,616. The county's median income represents approximately the 12th percentile statewide. Persistent economic challenges including population losses and job scarcity define the county's income struggle.
Menominee struggles among peers
Menominee County ($55,688) ranks lowest among all eight surveyed counties, falling well below Mecosta ($57,774) by $2,086 and trailing Mackinac ($58,598) by $2,910. The county's significant income gap versus Marquette ($64,675) shows a $9,000 differential—the largest spread among regional peers. This disparity underscores Menominee's unique economic disadvantages.
Housing offers rare affordability bright spot
Menominee County's 14.6% rent-to-income ratio is the lowest among all surveyed counties, providing renters substantial income relief compared to peers. The median home value of $142,700—the lowest of the eight counties—requires just 2.6 years of household income for ownership. Housing affordability is a critical asset in an otherwise economically challenged county.
Maximize low cost of living advantage
Menominee County's exceptionally affordable housing ($142,700 median) and lowest rent-to-income ratio create a rare wealth-building advantage despite modest $55,688 incomes. Prioritize homeownership to lock in housing costs while building equity; every payment builds wealth on affordable property. With housing costs manageable, redirect any available surplus toward emergency savings and retirement accounts.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Menominee County median
County median: $55,688 per year
vs. County Median
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vs. State Average
-13%
vs. National Median
-26%
Income Adequacy
Your monthly income ($4,641) vs. median rent ($675/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.