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ZipNumbers

Michigan · Census place 60680

Onaway city, MI

Quick answer

Onaway city has 701 residents, ranking #495 of 745 places in Michigan. Median household income is $40,159, the median home is worth $59,100 and median gross rent runs $600 a month.

Population
701Onaway city residents
Median household income
$40,159Past 12 months, inflation adjusted
Median home value
$59,100Owner-occupied units
Median gross rent
$600Rent plus utilities, monthly
Median age
51.8 yrsAll residents
Homeownership rate
65.8%Owner-occupied households

What the numbers mean in Onaway city

Housing cost measured against local earnings.

A household earning the Onaway city median would spend about 17.9% 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 1.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 21.7% of residents and 65.8% 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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