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Gogebic County

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

Median Home$113,073
Median Rent$630/month
Population14,319
Leading IndustriesProfessional Services · Wholesale Trade · Education2% professional services
Home Value Growth⬆⬆⬆+31.7% over 2 years
Retirees29% of residentswell above average
Homeowners81% of occupied units
NotableAffordable Market$113k median home · lower cost than 88% of the country
NotableVeteran Community10% of residents · top 12% nationally
Gogebic County
MI

Frequently Asked Questions

What are today's mortgage rates in Gogebic County?

As of today, the 30-year fixed mortgage rate for Gogebic County is approximately 7.303% (7.340% 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 Gogebic County
What is the median home price in Gogebic County?

The median home value in Gogebic County is $113k. The median monthly rent is $630. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Gogebic County?

Home values in Gogebic County have increased 31.7% 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 Gogebic County?

Based on a typical all-in ownership cost of $639/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $27k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Gogebic County is $53k/year.

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What industries drive the economy in Gogebic County?

The largest employment sectors in Gogebic County are public administration (22%) 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