Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 61.6 yrs |
|---|---|
| Avg HH Size | 2.08 |
| Below Poverty | 14.2% ▲ 42% above avg |
| College Grads | 47.7% ▲ 23% above avg |
| Unemployment | 9.6% ▲ 97% above avg |
| No HS Diploma | 1 (0.2%) |
| HS Graduate | 125 (27.4%) |
| Some College | 44 (9.6%) |
| Associates | 69 (15.1%) |
| Bachelors | 79 (17.3%) |
| Graduate Degree | 139 (30.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $66,806 ▼ 12% below avg |
|---|---|
| Median Home Value | $229,200 ▼ 18% below avg |
| Home/Income Ratio | 3.4x (nat avg ~3.5x) |
| Total Housing Units | 634 |
| Vacant Units | 377 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Michigamme is a city in Michigan, located in Marquette County. The city spans 1 ZIP code and is home to approximately 534 residents. It is an older city, with a median age of 61.6 years.
Economically, Michigamme is a solidly middle-class community. The median household income of $66,806 is near the national average. Approximately 14.2% of residents live below the poverty line. The unemployment rate is 9.6%, significantly above the national average.
The real estate market in Michigamme is an affordable housing market. Median home values stand at $229,200, which is below the national average. Homeownership is high at 96.9%, typical of suburban and family-oriented communities.
The population of Michigamme is well-educated. 47.7% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (93.63%).
Michigamme, MI offers residents a cost-conscious lifestyle within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 49861 | 534 | $66,806 | $229,200 | — | 9.6% | 47.7% | 96.9% |