Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Iron County area can be challenging. Home prices in Iron County are now at a median cost of $115,971, lower than the Michigan average of $250,415.
The average cost of rent is $789/mo in Iron County, primarily driven by the current value of real estate in the Iron County area. In Iron County, 15.50% of households rent, and 59.35% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Iron County is $4,491 per month. Households that rent pay about 17.58% of their income on rent here. Iron County’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Florence County, WI: higher priced homes
- Dickinson County, MI: higher priced homes
- Forest County, WI: higher priced homes
- Vilas County, WI: higher priced homes
- Oneida County, WI: higher priced homes
- Marquette County, MI: higher priced homes
- Gogebic County, MI: equally priced homes
- Delta County, MI: higher priced homes
- Iron County, WI: higher priced homes
- Alger County, MI: higher priced homes
Counties with Similar Populations
- Harper County, OK: equally priced homes
- Hancock County, IL: higher priced homes
- Hancock County, TN: higher priced homes
- Hand County, SD: higher priced homes
- Hansford County, TX: higher priced homes
- Hanson County, SD: higher priced homes
- Hardeman County, TX: equally priced homes
- Hardin County, IA: higher priced homes
- Hardin County, IL: less expensive homes
- Harmon County, OK: less expensive homes
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