City

Onaway, MI

1 ZIP code  ·  Presque Isle County  ·  Michigan

👥4,287Population
💰$53,125Median HH Income▼ 30% below avg
🎂49.7Median Age
🏠$114,300Median Home Value▼ 59% below avg
🎓28.3%College Grads▼ 27% below avg
📊12.7%Unemployment▲ 160% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 48.8% Female 51.2% ♀

Race & Ethnicity

White: 91.7%Hispanic: 2.5%Black: 0%Asian: 0.3%Other: 5%Race
White91.7%
Hispanic2.5%
Black0.0%
Asian0.3%
Other5.0%

Age Breakdown

Under 5
4%
5–17
15%
18–24
8%
25–44
19%
45–64
31%
65+
11%

Key Indicators

Median Age49.7 yrs
Avg HH Size2.33
Below Poverty16.7% ▲ 67% above avg
College Grads28.3% ▼ 27% below avg
Unemployment12.7% ▲ 160% above avg
No HS Diploma48 (1.6%)
HS Graduate1,107 (37.8%)
Some College427 (14.6%)
Associates520 (17.7%)
Bachelors357 (12.2%)
Graduate Degree473 (16.1%)

Education

No HS: 1.6%HS Grad: 37.8%Some College: 14.6%Associates: 17.7%Bachelors: 12.2%Graduate: 16.1%Edu
No HS1.6%
HS Grad37.8%
Some College14.6%
Associates17.7%
Bachelors12.2%
Graduate16.1%
Housing & Income

Housing Tenure

Owner: 83.7%Renter: 16.3%Tenure
Owner83.7%
Renter16.3%

Home Value Distribution

Under $50k
14%
$50k–$100k
29%
$100k–$150k
22%
$150k–$200k
11%
$200k–$300k
15%
$300k–$500k
7%
Over $500k
3%

Financials

Median HH Income$53,125 ▼ 30% below avg
Median Home Value$114,300 ▼ 59% below avg
Home/Income Ratio2.2x (nat avg ~3.5x)
Median Rent$753/mo
Total Housing Units2,787
Vacant Units956

Income Distribution

Under $25k
23%
$25k–$50k
20%
$50k–$75k
23%
$75k–$100k
14%
$100k–$150k
14%
$150k–$200k
3%
Over $200k
3%
Employment & Commute

How People Get to Work

Drove Alone
89%
Walked
1%
Work From Home
10%

Commute Time

Under 15 min
33%
15–30 min
24%
30–45 min
19%
Over 45 min
24%
Housing Stock

Year Built

Before 1940
3%
1940s–1950s
8%
1960s–1970s
13%
1980s–1990s
18%
2000+
58%
About Onaway, MI

Onaway is a city in Michigan, located in Presque Isle County. The city spans 1 ZIP code and is home to approximately 4,287 residents. It is a mature city, with a median age of 49.7 years.

Economically, Onaway is a working-class community. The median household income of $53,125 is below the national average. Approximately 16.7% of residents live below the poverty line. The unemployment rate is 12.7%, more than double the national average.

The real estate market in Onaway is one of the more affordable housing markets in the country. Median home values stand at $114,300, which is well below the national average. Renters typically pay around $753 per month. Homeownership is high at 83.7%, typical of suburban and family-oriented communities.

The population of Onaway is moderately educated. 28.3% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (91.7%).

Onaway, MI offers residents a cost-conscious lifestyle within Michigan.

ZIP Codes in Onaway
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
49765 4,287 $53,125 $114,300 $753 12.7% 28.3% 83.7%