Cost of Living in Arenac County, MI

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

Median Income

$53,487

Median Rent

$665/mo

Median Home

$118,200

Affordability

582

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$598
Property Tax$129
Insurance$39

Total Monthly$766
% of Income17.2%

Renting

Median Rent$665
Renter's Insurance$25

Total Monthly$690
% of Income14.9%

Living in Arenac County, Michigan

Arenac County has a median household income of $53,487 with housing costs that represent 17.2% of income for owners and 14.9% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 582 (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.