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Michigan · Census place 60860

Ontonagon village, MI

Quick answer

Ontonagon village has 1,266 residents, ranking #393 of 745 places in Michigan. Median household income is $46,806, the median home is worth $92,100 and median gross rent runs $557 a month.

Population
1,266Ontonagon village residents
Median household income
$46,806Past 12 months, inflation adjusted
Median home value
$92,100Owner-occupied units
Median gross rent
$557Rent plus utilities, monthly
Median age
62.5 yrsAll residents
Homeownership rate
71.4%Owner-occupied households

What the numbers mean in Ontonagon village

Housing cost measured against local earnings.

A household earning the Ontonagon village median would spend about 14.3% 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 2.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.8% of residents and 71.4% 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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