Safe Rate Local

Baraga County

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

Median Home$138,465
Median Rent$606/month
Population8,191
Leading IndustriesProfessional Services · Manufacturing · Wholesale Trade3% professional services
Home Value Growth+4.5% over 2 years
Retirees23% of residentsslightly above average
Homeowners79% of occupied units
NotableVeteran Community9% of residents · top 20% nationally
NotableAffordable Market$138k median home · lower cost than 76% of the country
Baraga County
MI

Frequently Asked Questions

What are today's mortgage rates in Baraga County?

As of today, the 30-year fixed mortgage rate for Baraga County is approximately 7.141% (7.173% 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 Baraga County
What is the median home price in Baraga County?

The median home value in Baraga County is $138k. The median monthly rent is $606. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Baraga County?

Home values in Baraga County have increased 4.5% over the past two years. This represents moderate growth. 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 Baraga County?

Based on a typical all-in ownership cost of $704/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 Baraga County is $56k/year.

Calculate your buying power
What industries drive the economy in Baraga County?

The largest employment sectors in Baraga County are public administration (21%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas