What is the median home price in Ishpeming?

The median home price in Ishpeming, Ishpeming city, Michigan is $106,200, which is 62% below the national average of 281,900 ($281,900).

Ishpeming, Ishpeming city, Michigan has a violent crime rate of 2.4 per 1,000 residents, which is 33% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 1.5 per 1,000 residents.

What is the Walk Score for Ishpeming?

Ishpeming, Ishpeming 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 Ishpeming?

The median household income in Ishpeming, Ishpeming city, Michigan is $53,202, which is 29% below the national average of 74,580 ($74,580).

What is the average rent in Ishpeming?

The median rent in Ishpeming, Ishpeming city, Michigan is $599 per month. The national average median rent is $1,163/month.

What is the air quality in Ishpeming?

Ishpeming, Ishpeming 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 Ishpeming?

The population of Ishpeming, Ishpeming city, Michigan is approximately 6,191. The homeownership rate is 73.1% (national average: 65.9%).

What are the climate risks in Ishpeming?

Ishpeming, Ishpeming 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 Ishpeming?

The unemployment rate in Ishpeming, Ishpeming city, Michigan is 7.7%. The national average unemployment rate is 3.7%. The poverty rate is 14.1% (national average: 12.4%).

Ishpeming

Ishpeming city, Michigan

Affordable

About Ishpeming

Considering a move to a place where your dollar stretches further? Welcome to Ishpeming, a charming Upper Peninsula town where affordability reigns supreme. With a median home value of just $106,200, it's a stark contrast to the national average, making homeownership a realistic dream. The pace of life here is slower, friendlier, with a strong sense of community. Outdoor recreation is at your doorstep, with opportunities for hiking, fishing, and exploring the stunning natural beauty that surrounds the city. While the median household income of $53,202 is lower than the national average, the significantly lower cost of living provides a comfortable lifestyle for many residents.

From an investment perspective, Ishpeming offers a unique opportunity for those seeking an affordable entry point into the real estate market. The low home values provide excellent potential for appreciation as the area continues to attract new residents seeking a simpler way of life. While specific employment data isn't readily available, the town has a history rooted in mining and a growing tourism sector. Ishpeming is a safe community, ideal for families, retirees, and anyone looking to escape the hustle and bustle of city life. If you value affordability, a strong sense of community, and easy access to nature, Ishpeming might just be the perfect place to call home.

Ishpeming, Michigan at a Glance

Ishpeming is a city in Ishpeming city, Michigan with a population of approximately 6,191. The median home value is $106,200 and the median household income is $53,202. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 2.4 per 1,000 residents, which is 33% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $599 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.