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Expensive
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These days, finding an affordable place to live in the Alcona County area can be challenging. Home prices in Alcona County are now at a median cost of $168,311, lower than the Michigan average of $250,415.
The average cost of rent is $892/mo in Alcona County, primarily driven by the current value of real estate in the Alcona County area. In Alcona County, 10.37% of households rent, and 55.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Alcona County is $4,807 per month. Households that rent pay about 18.56% of their income on rent here. Alcona County’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Oscoda County, MI: less expensive homes
- Crawford County, MI: equally priced homes
- Kalkaska County, MI: higher priced homes
- Grand Traverse County, MI: higher priced homes
- Benzie County, MI: higher priced homes
- Kewaunee County, WI: higher priced homes
- Shawano County, WI: higher priced homes
- Clark County, WI: equally priced homes
- Eau Claire County, WI: higher priced homes
- St. Lawrence County, NY: less expensive homes
Counties with Similar Populations
- Culebra Municipio, PR: less expensive homes
- Adams County, ND: less expensive homes
- Bowman County, ND: equally priced homes
- Dewey County, SD: less expensive homes
- Cook County, MN: higher priced homes
- McIntosh County, ND: less expensive homes
- Sioux County, ND: less expensive homes
- Keweenaw County, MI: equally priced homes
- Sierra County, CA: higher priced homes
- Alpine County, CA: higher priced homes
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