Cost of Living in Gogebic County, MI

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

Median Income

$47,913

Median Rent

$503/mo

Median Home

$87,800

Affordability

672

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$444
Property Tax$121
Insurance$29

Total Monthly$594
% of Income14.9%

Renting

Median Rent$503
Renter's Insurance$25

Total Monthly$528
% of Income12.6%

Living in Gogebic County, Michigan

Gogebic County has a median household income of $47,913 with housing costs that represent 14.9% of income for owners and 12.6% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 672 (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.