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MI area data

Onaway, MI

Onaway, MI.

Population: 4,333 (Census ACS)

Home values & appreciation

Median home value
$208,845
1-year appreciation
+11.6%
3-year appreciation
+20.1%
5-year appreciation
+49.3%
10-year appreciation
+96.4%
All-time peak (2026-07)
$208,845
House Price Index
387.5 (+5.5% YoY)

Market activity

New listings (monthly)
8

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
4
Elementary schools
1
Middle schools
1
High schools
2
Charter schools
1

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
lightning

Climate (30-year normals)

Average annual temperature
45.0°F
Average high
55.0°F
Average low
34.0°F
Annual precipitation
32.2 in
Annual snowfall
73.8 in

Amenities

Nearest airport
Presque Isle County Airport (4 mi)
Nearest major airport
Alpena County Regional Airport (APN) (25 mi)
Hospitals nearby (~15 mi)
1,090
Avg hospital rating
3.1 / 5
Solar radiation rating
Fair (3.7 kWh/m²/day)

Migration

Net migration
+62 tax filers

Housing stock

Median year housing built
1,976
Median annual property tax
$1,160
Mean commute to work
24 min
Households with broadband internet
52.9%

Employment & development

Total county employment
2,011
Average weekly wage
$882
Top industries (by employment)
Construction, Finance & Insurance, Other Services
Annual residential building permits (county)
46

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