Cost of Living in Bad Axe, MI

Population 3,010 · Michigan · Data vintage 2023

43
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Bad Axe's median household income of $47,535 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (16% here).

Bad Axe lies roughly 85 miles north of the nearest major metro, Sterling Heights — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 59% lower than Sterling Heights' $261,000.

Cost Overview

Housing 35
Rent 56

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Bad Axe

The median home value in Bad Axe is $106,700 — 65% below the national median of $305,000. Median rent runs $731/month, 44% lower than the national median of $1,314/month. The median household income of $47,535/year is 36% lower than the US median of $74,580. The local unemployment rate is 5.4%, above the national average of 4.8%. Michigan's top state income tax rate is 4.3% and the combined sales tax is 6.0%. Overall, Bad Axe has a cost of living index of 43 versus the US average of 100, meaning it is 57% less expensive.

🏠 Housing

Median Home Value
$106,700
65% below avg
Zillow Home Value
$84,783
Zillow ZHVI
Median Rent
$731/mo
44% below avg
Price-to-Rent Ratio
12.2x
Favors buying
Property Tax Rate
1.5%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$707
1 BR
$780
2 BR
$962
3 BR
$1,290
4 BR
$1,444
Owner-occupied 56.5%
Renter-occupied 43.5%

💰 Estimated Monthly Budget

Rent median rent
$731
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,345/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
18.3 min
32% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.6%

Commute Mode

Drove alone
75.6%
Carpooled
8.2%
Public transit
2.2%
Walked
5.4%
Work from home
8.6%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.3%
Total Sales Tax 6.0%
State rate 6.0%
Avg local rate 0.0%
Property Tax 1.5%

💼 Income & Employment

Median Household Income
$47,535
36% below avg
Per Capita Income
$29,164
Unemployment Rate
5.4%
12% above avg
Poverty Rate
16.3%
Labor Force Participation
51.3%

🎓 Education

Bachelor's degree+ 13.6%
Graduate degree 6.4%

👥 Demographics

Median Age 49
Male median age 45.9
Female median age 51.7

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 39 — Good
87.1%
Good air days/yr
133
Max AQI recorded
0
PM2.5 days
240
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

77%
4-Year Graduation Rate
17.3:1
Student-teacher ratio
8
Public schools
967
Total enrollment

Frequently Asked Questions

What is the cost of living in Bad Axe, MI?

Bad Axe has a cost index of 43 (100 = national average). It is 57% below the national average.

What is average rent in Bad Axe, MI?

The median gross rent in Bad Axe is $731 per month based on 2023 Census data.

What is the average home price in Bad Axe?

The median home value in Bad Axe is $106,700 according to Zillow and Census data.

What is the median income in Bad Axe?

The median household income in Bad Axe is $47,535 per year (2023 ACS 5-year estimates).

What is the sales tax in Bad Axe, MI?

The combined state and local sales tax rate in Bad Axe is 6.0%. The Michigan state income tax top rate is 4.3%.

Is Bad Axe, MI affordable?

Yes, Bad Axe is generally considered affordable, with a cost of living index of 43 — about 57% below the US national average of 100.

Bad Axe at a Glance

Population
3,010
Median Income
$47,535
Home Value
$106,700
Median Rent
$731/mo
Unemployment
5.4%
Sales Tax
6.0%
View all cities in Michigan →
🗺️ County data for Michigan

Explore county-level cost of living data

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