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MI area data

Wolverine, MI

Wolverine, MI.

Population: 2,331 (Census ACS)

Home values & appreciation

Median home value
$202,047
1-year appreciation
+3.7%
3-year appreciation
+7.6%
5-year appreciation
+9.6%
10-year appreciation
+11.0%
All-time peak (2026-07)
$202,047
House Price Index
387.5 (+5.5% YoY)

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
2
Elementary schools
1
Middle schools
0
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
coldWave, inlandFlooding

Climate (30-year normals)

Average annual temperature
42.5°F
Average high
51.5°F
Average low
33.0°F
Annual precipitation
34.2 in

Amenities

Nearest airport
Campbell-Pratt Airport (6 mi)
Nearest major airport
Pellston Regional Airport of Emmet County Airport (PLN) (21 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
1,991
Median annual property tax
$1,339
Mean commute to work
29 min
Households with broadband internet
37.5%

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