IncomeBy County

Osceola County, Michigan

Income Data

-11% vs. Michigan average
$57,050
Median Household Income
$29,129
Per Capita Income

At a Glance

Median Household Income
$57,050
-11% vs. state avg
Per Capita Income
$29,129
-26% vs. national
Income-to-Housing Ratio
40.9%
income as % of home value
Rank in Michigan
#60 / 83
by median household income

How Osceola County Compares

Osceola County$57,050
Michigan Average$64,304
National Median$74,755

Detailed Income Statistics

$57,050
Median Household Income
$29,129
Per Capita Income
$139,600
Median Home Value
40.9%
Income-to-Housing Ratio

Data Story

About Household Income in Osceola County, Michigan

Osceola earns 76% of national median

Osceola County's median household income of $57,050 trails the national median of $74,755 by about $17,700, reflecting the county's dependence on agriculture, manufacturing, and service industries. This gap places Osceola in the lower-middle range nationally, better than many rural counties but below national averages. Residents earn roughly 76 cents for every dollar earned nationally.

Osceola ranks low-middle within Michigan

At $57,050, Osceola's median household income falls about $7,250 below Michigan's state average of $64,304, positioning it in the lower half of Michigan's counties. Per capita income of $29,129 lags the state average of $35,451 by about 18%, suggesting uneven income distribution across households. These gaps highlight limited high-wage employment opportunities in the county.

Osceola outperforms some neighbors

Osceola's $57,050 income exceeds Oscoda ($50,581), Ogemaw ($51,983), and Ontonagon ($51,844), placing it in the better half of its regional peer group. However, it trails Otsego ($67,285) and significantly lags Ottawa County ($87,144), highlighting economic disparity within north-central Michigan. This variation reflects differences in educational attainment and industry mix.

Housing absorbs moderate share of income

Osceola's rent-to-income ratio of 16.1% sits comfortably in the acceptable range, with median home values of $139,600 remaining affordable on local incomes. While households have reasonable housing costs, the overall income level leaves limited cushion for healthcare, education, and other expenses. Careful budgeting remains essential for financial stability.

Leverage affordability to build reserves

Osceola residents can use the county's reasonable housing costs as a foundation for wealth building—aim to save 10–15% of household income in a diversified portfolio. Start with employer retirement plans if available, then explore tax-advantaged savings accounts like Roth IRAs. Even modest, consistent contributions become substantial over time through compound growth.

Frequently Asked Questions

What is the median household income in Osceola County, Michigan?
The median household income in Osceola County, Michigan is $57,050, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Osceola County?
The per capita income in Osceola County is $29,129, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $57,050.
How does Osceola County compare to the Michigan average?
Osceola County's median household income of $57,050 is lower than the Michigan state average of $64,304. The per capita income is $29,129, compared to the state average of $35,451.
What is the per capita income in Osceola County, Michigan?
The per capita income in Osceola County, Michigan is $29,129, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Is Osceola County a low-income area in Michigan?
Osceola County's median household income of $57,050 is below the Michigan average of $64,304. The per capita income of $29,129 is also lower than the state average of $35,451. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Osceola County rank for income in Michigan?
Osceola County ranks #60 out of 83 counties in Michigan by median household income (1 = highest). With a median household income of $57,050 and per capita income of $29,129, it falls in the bottom third of counties statewide.

Income Comparison Calculator

See how your household income compares in Osceola County

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Your income is above the Osceola County median

County median: $57,050 per year

vs. County Median

+0%

vs. State Average

-11%

vs. National Median

-24%

vs. Osceola County MedianAbout equal
vs. Michigan Average▼ 11% below
vs. National Median▼ 24% below

Income Adequacy

Monthly income covers median rent6.2x

Your monthly income ($4,754) vs. median rent ($764/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Counties with Similar Income Levels

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$57,057
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$57,063
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Smith County
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$57,024
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Wahkiakum County
Washington
$57,091
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Laurel County
Kentucky
$56,999
+0%
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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