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ZipNumbers

Michigan · Census place 09820

Boyne City city, MI

Quick answer

Boyne City city has 3,829 residents, ranking #212 of 745 places in Michigan. Median household income is $68,087, the median home is worth $233,900 and median gross rent runs $893 a month.

Population
3,829Boyne City city residents
Median household income
$68,087Past 12 months, inflation adjusted
Median home value
$233,900Owner-occupied units
Median gross rent
$893Rent plus utilities, monthly
Median age
47.7 yrsAll residents
Homeownership rate
71.3%Owner-occupied households

What the numbers mean in Boyne City city

Housing cost measured against local earnings.

A household earning the Boyne City city median would spend about 15.7% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7.5% of residents and 71.3% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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