Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Luce County area can be challenging. Home prices in Luce County are now at a median cost of $117,195, lower than the Michigan average of $250,415.
The average cost of rent is $655/mo in Luce County, primarily driven by the current value of real estate in the Luce County area. In Luce County, 17.43% of households rent, and 60.10% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Luce County is $4,522 per month. Households that rent pay about 14.49% of their income on rent here. Luce County’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Alger County, MI: higher priced homes
- Chippewa County, MI: higher priced homes
- Marquette County, MI: higher priced homes
- Gogebic County, MI: equally priced homes
- Iron County, WI: higher priced homes
- Ashland County, WI: higher priced homes
- Crow Wing County, MN: higher priced homes
- Otter Tail County, MN: higher priced homes
- Wilkin County, MN: higher priced homes
- Richland County, ND: higher priced homes
Counties with Similar Populations
- Coosa County, AL: higher priced homes
- Teton County, MT: higher priced homes
- Teton County, ID: higher priced homes
- Terry County, TX: equally priced homes
- Terrell County, GA: higher priced homes
- Tensas Parish, LA: less expensive homes
- Telfair County, GA: equally priced homes
- Cotton County, OK: higher priced homes
- Costilla County, CO: higher priced homes
- Corson County, SD: less expensive homes
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