Houghton Lake, MI
5,769Residents
$50,305Median household income
$827/moMedian gross rent
$126,200Median home value
54.8Median age
15%Adults with a bachelor’s degree or higher
81%Homes lived in by their owners
2.5×Home value to household income
Median rent takes about 20% of the median household income in Houghton Lake.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $33,000 a year. In Michigan that leaves roughly $2,274 a month after tax. See the full paycheck breakdown for $35,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.