Safe Rate Local

Menominee County

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

Median Home$151,537
Median Rent$686/month
Population23,247
Leading IndustryRetail29% of local workforce
Home Value Growth⬆⬆+20.5% over 2 years
Retirees27% of residentswell above average
Homeowners81% of occupied units
NotableVeteran Community10% of residents · top 12% nationally
NotableAffordable Market$152k median home · lower cost than 69% of the country
Menominee County
MI

Frequently Asked Questions

What are today's mortgage rates in Menominee County?

As of today, the 30-year fixed mortgage rate for Menominee County is approximately 7.180% (7.213% 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 Menominee County
What is the median home price in Menominee County?

The median home value in Menominee County is $152k. The median monthly rent is $686. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Menominee County?

Home values in Menominee County have increased 20.5% 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 Menominee County?

Based on a typical all-in ownership cost of $681/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Menominee County is $56k/year.

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

The largest employment sectors in Menominee County are retail (29%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas