MI area data
Princeton, MI
Princeton, MI.
Population: 7,412 (Census ACS)
Home values & appreciation
- Median home value
- $201,819
- 1-year appreciation
- +9.6%
- 3-year appreciation
- +19.0%
- 5-year appreciation
- +37.8%
- 10-year appreciation
- +92.6%
- All-time peak (2026-07)
- $201,819
- House Price Index
- 387.5 (+5.5% YoY)
Market activity
- Median sale price
- $167,000
- Median list price
- $134,450
- Median days on market
- 14 days
- Sale-to-list ratio
- 101.2%
- Active listings
- 1
- 1-year forecast
- +4.5%
- New listings (monthly)
- 9
Rents
- 2-bedroom fair-market rent (HUD reference)
- $1,261/mo
- 3BR fair-market rent
- $1,639/mo
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
- 3
- Elementary schools
- 2
- Middle schools
- 0
- High schools
- 1
Natural hazards & flood risk
- Overall hazard risk
- Relatively Low
- Top hazards
- coldWave, hail, winterWeather, lightning, strongWind
- FEMA flood zone
- X
- Flood risk level
- Minimal
Climate (30-year normals)
- Average annual temperature
- 42.0°F
- Average high
- 52.0°F
- Average low
- 33.0°F
- Annual precipitation
- 34.2 in
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 19
- Days with Good air quality
- 202
Walkability & transit
- Walkability index
- 7.2 / 20
- Transit service frequency
- -99,999
Amenities
- National parks within ~60 mi
- 1
- Nearest national park
- Pictured Rocks National Lakeshore (58 mi)
- Nearest airport
- Lesterson-Dempsey Airstrip (4 mi)
- Nearest major airport
- Marquette/Sawyer International Airport (MQT) (6 mi)
- Hospitals nearby (~15 mi)
- 2
- Avg hospital rating
- 3.0 / 5
- Solar radiation rating
- Fair (3.7 kWh/m²/day)
Migration
- Net migration
- +106 tax filers
Housing stock
- Median year housing built
- 1,970
- Median annual property tax
- $1,432
- Mean commute to work
- 21 min
- Households with broadband internet
- 71.8%
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 →