MI area data
Michigamme, MI
Michigamme, MI.
Population: 523 (Census ACS)
Home values & appreciation
- Median home value
- $235,416
- 1-year appreciation
- +14.5%
- 3-year appreciation
- +27.0%
- 5-year appreciation
- +40.5%
- 10-year appreciation
- +72.1%
- All-time peak (2026-07)
- $235,416
- House Price Index
- 387.5 (+5.5% YoY)
Market activity
- 1-year forecast
- +4.4%
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%
Natural hazards & flood risk
- Overall hazard risk
- Relatively Low
- Top hazards
- coldWave, hail, winterWeather, lightning, strongWind
Climate (30-year normals)
- Annual precipitation
- 34.3 in
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 19
- Days with Good air quality
- 202
Amenities
- National parks within ~60 mi
- 1
- Nearest national park
- Keweenaw National Historical Park (49 mi)
- Nearest airport
- Edward F Johnson Airport (19 mi)
- Nearest major airport
- Marquette/Sawyer International Airport (MQT) (35 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
- +106 tax filers
Housing stock
- Median year housing built
- 1,972
- Median annual property tax
- $1,964
- Mean commute to work
- 34 min
- Households with broadband internet
- 32.6%
Employment & development
- Total county employment
- 21,462
- Average weekly wage
- $981
- Top industries (by employment)
- Health Care, Accommodation & Food, Construction
- Annual residential building permits (county)
- 89
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 →