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Leelanau County

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

Median Home$479,361
Median Rent$1,238/month
Population22,734
Leading IndustriesHealthcare · Education · Arts, Food & Hospitality15% healthcare
Home Value Growth⬆⬆⬆+25.6% over 2 years
Retirees34% of residentstop 1% nationally
Homeowners92% of occupied units
NotableHighly Educated30% bachelor's · 16% graduate · top 3% nationally
NotableHigh Incomes$100k/year · top 7% nationally
Leelanau County
MI

Frequently Asked Questions

What are today's mortgage rates in Leelanau County?

As of today, the 30-year fixed mortgage rate for Leelanau County is approximately 6.960% (6.985% 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 Leelanau County
What is the median home price in Leelanau County?

The median home value in Leelanau County is $479k. The median monthly rent is $1,238. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Leelanau County?

Home values in Leelanau County have increased 25.6% 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 Leelanau County?

Based on a typical all-in ownership cost of $1,256/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $54k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Leelanau County is $100k/year.

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What industries drive the economy in Leelanau County?

The largest employment sectors in Leelanau County are public administration (26%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas