Michigan · Census place 09840
Boyne Falls village, MI
Quick answer
Boyne Falls village has 315 residents, ranking #617 of 745 places in Michigan. Median household income is $46,250, the median home is worth $160,400 and median gross rent runs $821 a month.
- Population
- 315Boyne Falls village residents
- Median household income
- $46,250Past 12 months, inflation adjusted
- Median home value
- $160,400Owner-occupied units
- Median gross rent
- $821Rent plus utilities, monthly
- Median age
- 42.9 yrsAll residents
- Homeownership rate
- 75.6%Owner-occupied households
What the numbers mean in Boyne Falls village
Housing cost measured against local earnings.
A household earning the Boyne Falls village median would spend about 21.3% 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 3.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 15.6% of residents and 75.6% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Michigan.
- Onekama village 323
- Montgomery village 318
- Hersey village 317
- Breedsville village 315
- Glen Arbor CDP 313
- Akron village 312
- Beal City CDP 312
Keep going
More Michigan coverage.