Schoolcraft County, Michigan

Income Data

-10% vs. Michigan average
$57,708
Median Household Income
$35,744
Per Capita Income

At a Glance

Median Household Income
$57,708
-10% vs. state avg
Per Capita Income
$35,744
-9% vs. national
Income-to-Housing Ratio
46.7%
income as % of home value
Rank in Michigan
#59 / 83
by median household income

How Schoolcraft County Compares

Schoolcraft County$57,708
Michigan Average$64,304
National Median$74,755

Detailed Income Statistics

$57,708
Median Household Income
$35,744
Per Capita Income
$123,500
Median Home Value
46.7%
Income-to-Housing Ratio

Data Story

About Household Income in Schoolcraft County, Michigan

Schoolcraft ranks among lowest-income counties

Schoolcraft County's median household income of $57,708 falls 23% below the $74,755 national median, placing it in the lowest national income tier. Residents face significant economic headwinds compared to the typical U.S. household.

Schoolcraft trails Michigan county average

At $57,708, Schoolcraft is the lowest-income county in this eight-county group, sitting $6,596 below Michigan's average of $64,304. The county ranks near the bottom of Michigan's 83 counties, reflecting limited economic diversification.

Schoolcraft has smallest income in peer group

Schoolcraft's median income of $57,708 is lower than all comparable counties in this analysis, including Saginaw ($58,347) and Sanilac ($59,074). This positions Schoolcraft as the most economically challenged among its regional peers.

Housing costs are exceptionally low here

Schoolcraft's rent-to-income ratio of 13.6% is the lowest in this group, giving residents the most housing affordability cushion. The median home value of $123,500 is highly accessible on a $57,708 income, making homeownership realistic for many families.

Start small, invest consistently in Schoolcraft

With lower housing costs freeing up income, Schoolcraft residents should prioritize emergency savings before any investment. Once a $1,000–$2,000 cushion exists, low-cost index funds and automatic monthly contributions can build wealth even on modest earnings.

Frequently Asked Questions

What is the median household income in Schoolcraft County, Michigan?
The median household income in Schoolcraft County, Michigan is $57,708, 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 Schoolcraft County?
The per capita income in Schoolcraft County is $35,744, 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 $57,708.
How does Schoolcraft County compare to the Michigan average?
Schoolcraft County's median household income of $57,708 is lower than the Michigan state average of $64,304. The per capita income is $35,744, compared to the state average of $35,451.
What is the per capita income in Schoolcraft County, Michigan?
The per capita income in Schoolcraft County, Michigan is $35,744, 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 Schoolcraft County a low-income area in Michigan?
Schoolcraft County's median household income of $57,708 is below the Michigan average of $64,304. The per capita income of $35,744 is also comparable to 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 Schoolcraft County rank for income in Michigan?
Schoolcraft County ranks #59 out of 83 counties in Michigan by median household income (1 = highest). With a median household income of $57,708 and per capita income of $35,744, it falls in the bottom third of counties statewide.

Income Comparison Calculator

See how your household income compares in Schoolcraft County

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Your income is above the Schoolcraft County median

County median: $57,708 per year

vs. County Median

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vs. State Average

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vs. National Median

-23%

vs. Schoolcraft County MedianAbout equal
vs. Michigan Average10% below
vs. National Median23% below

Income Adequacy

Monthly income covers median rent7.4x

Your monthly income ($4,809) vs. median rent ($654/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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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.