Montmorency County, Michigan
Income Data
At a Glance
How Montmorency County Compares
Detailed Income Statistics
Data Story
About Household Income in Montmorency County, Michigan
Montmorency significantly lags nationally
Montmorency County's median household income of $47,803 falls roughly $27,000 below the national median of $74,755. This 36% shortfall is among Michigan's steepest income gaps, reflecting substantial economic challenges in the county.
Lowest-earning county in the group
At $47,803, Montmorency County's median household income trails Michigan's county average of $64,304 by nearly $16,500. The county ranks among the lowest in Michigan's 83 counties by household earnings.
Significantly trails all nearby counties
Montmorency's median income of $47,803 falls well below neighboring Missaukee ($61,868), Montcalm ($64,892), and Newaygo ($61,931) counties. The income gap suggests economic headwinds unique to Montmorency compared to surrounding regions.
Housing strains household budgets
Montmorency's rent-to-income ratio of 20.4% exceeds the 30% affordability threshold more than other counties in the group. Combined with the county's lower overall income, this housing cost burden creates financial pressure on many households.
Prioritize financial planning and support
Montmorency households earning the county median face tighter budgets, making professional financial planning especially valuable. Exploring local resources, budgeting tools, and potential assistance programs can help residents build stability and long-term savings.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Montmorency County median
County median: $47,803 per year
vs. County Median
+0%
vs. State Average
-26%
vs. National Median
-36%
Income Adequacy
Your monthly income ($3,984) vs. median rent ($811/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.