Cost of Living in Luce County, MI

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

Median Income

$51,015

Median Rent

$746/mo

Median Home

$104,600

Affordability

653

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$529
Property Tax$87
Insurance$35

Total Monthly$651
% of Income15.3%

Renting

Median Rent$746
Renter's Insurance$25

Total Monthly$771
% of Income17.5%

Living in Luce County, Michigan

Luce County has a median household income of $51,015 with housing costs that represent 15.3% of income for owners and 17.5% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 653 (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.