What is the median home price in Houghton?

The median home price in Houghton, Houghton city, Michigan is $203,900, which is 28% below the national average of 281,900 ($281,900).

Houghton, Houghton city, Michigan has a violent crime rate of 1.8 per 1,000 residents, which is 50% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 1.1 per 1,000 residents.

What is the Walk Score for Houghton?

Houghton, Houghton city, Michigan has a Walk Score of 0 out of 100, classified as "Almost All Errands Require a Car." The national average Walk Score is 48/100. The bike score is 25/100.

What is the median household income in Houghton?

The median household income in Houghton, Houghton city, Michigan is $29,821, which is 60% below the national average of 74,580 ($74,580).

What is the average rent in Houghton?

The median rent in Houghton, Houghton city, Michigan is $819 per month. The national average median rent is $1,163/month.

What is the air quality in Houghton?

Houghton, Houghton city, Michigan has an Air Quality Index (AQI) of 41, categorized as "Good." The national average AQI is 42. An AQI under 50 is considered "Good."

What is the population of Houghton?

The population of Houghton, Houghton city, Michigan is approximately 8,303. The homeownership rate is 35.2% (national average: 65.9%).

What are the climate risks in Houghton?

Houghton, Houghton city, Michigan has an overall climate risk rating of "Relatively Moderate" with a risk score of 68.22. This assessment considers hazards such as flooding, wildfire, extreme heat, and severe storms.

What is the unemployment rate in Houghton?

The unemployment rate in Houghton, Houghton city, Michigan is 11.9%. The national average unemployment rate is 3.7%. The poverty rate is 34.9% (national average: 12.4%).

Houghton

Houghton city, Michigan

Affordable

About Houghton

Houghton, Michigan, nestled on the Keweenaw Peninsula, offers a unique blend of affordability and charm that's hard to find elsewhere. Imagine life in a place where the median home value hovers around $203,900, significantly below the national average, making homeownership a realistic dream for many. The town has a close-knit feel, where the pace of life slows down, and community connections are valued. Stroll through the historic downtown, explore the stunning natural landscapes, and enjoy the four distinct seasons. Houghton's allure lies in its ability to provide a high quality of life without the high cost of living.

From an investment perspective, Houghton presents an intriguing opportunity, especially for those seeking a tranquil lifestyle. While the median household income of $29,821 indicates a more modest earning potential compared to the national average, the low cost of living helps stretch those dollars. The local economy is bolstered by Michigan Technological University, providing a consistent stream of jobs and a youthful energy to the area. For those seeking a safe, friendly environment with a strong sense of community, Houghton is a compelling choice. This is an ideal locale for families, retirees, and anyone who appreciates outdoor recreation and a slower pace of life.

Houghton, Michigan at a Glance

Houghton is a city in Houghton city, Michigan with a population of approximately 8,303. The median home value is $203,900 and the median household income is $29,821. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.8 per 1,000 residents, which is 50% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $819 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.