Cost of Living in Houghton Lake, MI

Population 5,761 · Michigan · Data vintage 2023

48
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Houghton Lake is a smaller Michigan community of around 6000 residents, where median household incomes of $50,861 and housing costs ($123,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. The labor market has been unusually tight, with unemployment around 2.7% — below most comparable cities in the state.

Located 105 miles northeast of Grand Rapids, Houghton Lake is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 46% lower than Grand Rapids' $226,000.

Cost Overview

Housing 40
Rent 60

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

About the Cost of Living in Houghton Lake

The median home value in Houghton Lake is $122,800 — 60% below the national median of $305,000. Median rent runs $791/month, 40% lower than the national median of $1,314/month. The median household income of $50,861/year is 32% lower than the US median of $74,580. The local unemployment rate is 2.7%, below the national average of 4.8%. Michigan's top state income tax rate is 4.3% and the combined sales tax is 6.0%. The climate averages highs of 54.7°F and lows of 33.6°F, with about 65.9" of annual snowfall. Overall, Houghton Lake has a cost of living index of 48 versus the US average of 100, meaning it is 52% less expensive.

🏠 Housing

Median Home Value
$122,800
60% below avg
Zillow Home Value
$983,276
Zillow ZHVI
Median Rent
$791/mo
40% below avg
Price-to-Rent Ratio
12.9x
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 79.5%
Renter-occupied 20.5%

💰 Estimated Monthly Budget

Rent median rent
$791
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,405/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
27.0 min
0% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.8%

Commute Mode

Drove alone
66.8%
Carpooled
17.8%
Public transit
0.2%
Walked
2.4%
Work from home
12.8%

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
$50,861
32% below avg
Per Capita Income
$30,791
Unemployment Rate
2.7%
43% below avg
Poverty Rate
21.7%
Labor Force Participation
44.0%

🎓 Education

Bachelor's degree+ 8.3%
Graduate degree 9.0%

👥 Demographics

Median Age 54.5
Male median age 53
Female median age 56.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
54.7°F
Avg Low
33.6°F
Annual Precip
29.6"
Annual Snowfall
65.9"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 273040546777817871574332
Low °F 111119314251555346372819
Precip" 1.701.411.783.103.153.222.742.862.593.082.201.76
Snow" 16.413.68.34.40.10.00.00.00.00.57.515.1

🏫 Schools

NCES CCD 2019 — public school district data

62%
4-Year Graduation Rate
15.8:1
Student-teacher ratio
4
Public schools
1,218
Total enrollment

Frequently Asked Questions

What is the cost of living in Houghton Lake, MI?

Houghton Lake has a cost index of 48 (100 = national average). It is 52% below the national average.

What is average rent in Houghton Lake, MI?

The median gross rent in Houghton Lake is $791 per month based on 2023 Census data.

What is the average home price in Houghton Lake?

The median home value in Houghton Lake is $122,800 according to Zillow and Census data.

What is the median income in Houghton Lake?

The median household income in Houghton Lake is $50,861 per year (2023 ACS 5-year estimates).

What is the sales tax in Houghton Lake, MI?

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

Is Houghton Lake, MI affordable?

Yes, Houghton Lake is generally considered affordable, with a cost of living index of 48 — about 52% below the US national average of 100.

What is the weather like in Houghton Lake?

Houghton Lake has average high temperatures of 54.7°F and average lows of 33.6°F. Annual precipitation is 29.6". Average annual snowfall is 65.9". Data from NOAA 1991–2020 Climate Normals.

Houghton Lake at a Glance

Population
5,761
Median Income
$50,861
Home Value
$122,800
Median Rent
$791/mo
Unemployment
2.7%
Avg High Temp
54.7°F
Sales Tax
6.0%
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