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MI area data

Cheboygan, MI

Cheboygan, MI.

Population: 13,891 (Census ACS)

Home values & appreciation

Median home value
$228,820
1-year appreciation
+2.8%
3-year appreciation
+3.0%
5-year appreciation
+19.6%
10-year appreciation
+83.8%
All-time peak (2026-04)
$231,011
House Price Index
387.5 (+5.5% YoY)

Market activity

Days to pending
56 days
New listings (monthly)
28

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
5
Elementary schools
2
Middle schools
0
High schools
2

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
coldWave, inlandFlooding

Climate (30-year normals)

Average annual temperature
45.0°F
Average high
55.0°F
Average low
35.0°F
Annual precipitation
33.4 in
Annual snowfall
93.0 in

Amenities

Nearest airport
Cheboygan County Airport (5 mi)
Nearest major airport
Pellston Regional Airport of Emmet County Airport (PLN) (16 mi)
Hospitals nearby (~15 mi)
1,090
Avg hospital rating
3.1 / 5
Solar radiation rating
Fair (3.6 kWh/m²/day)

Migration

Net migration
+197 tax filers

Housing stock

Median year housing built
1,977
Median annual property tax
$1,687
Mean commute to work
19 min
Households with broadband internet
58.9%

Employment & development

Total county employment
5,047
Average weekly wage
$848
Top industries (by employment)
Accommodation & Food, Health Care, Construction
Annual residential building permits (county)
78

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents