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Alcona County

Learn about the people, housing, costs and businesses in Alcona County County

Median Home$166,234
Median Rent$860/month
Population10,397
Leading IndustriesInformation & Media · Finance & Insurance · Education10% information & media
Home Value Growth⬆⬆+19.1% over 2 years
Retirees37% of residentstop 1% nationally
Homeowners90% of occupied units
NotableVeteran Community12% of residents · top 5% nationally
NotableTransit68/100 · excellent transit access
Alcona County
MI

Frequently Asked Questions

What are today's mortgage rates in Alcona County?

As of today, the 30-year fixed mortgage rate for Alcona County is approximately 7.076% (7.106% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Alcona County
What is the median home price in Alcona County?

The median home value in Alcona County is $166k. The median monthly rent is $860. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Alcona County?

Home values in Alcona County have increased 19.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Alcona County?

Based on a typical all-in ownership cost of $709/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Alcona County is $56k/year.

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What industries drive the economy in Alcona County?

The largest employment sectors in Alcona County are public administration (21%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas