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ZipNumbers

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

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