Cost of Living in Alcona County, MI

What does it cost to live in Alcona County? Income, housing, and affordability breakdown.

Median Income

$50,295

Median Rent

$801/mo

Median Home

$148,200

Affordability

464

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$749
Property Tax$105
Insurance$49

Total Monthly$903
% of Income21.5%

Renting

Median Rent$801
Renter's Insurance$25

Total Monthly$826
% of Income19.1%

Living in Alcona County, Michigan

Alcona County has a median household income of $50,295 with housing costs that represent 21.5% of income for owners and 19.1% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 464 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in Michigan

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.