Laurium, MI
1,509Residents
$54,167Median household income
$808/moMedian gross rent
$126,100Median home value
46.1Median age
31%Adults with a bachelor’s degree or higher
76%Homes lived in by their owners
2.3×Home value to household income
Median rent takes about 18% of the median household income in Laurium.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $32,000 a year. In Michigan that leaves roughly $2,211 a month after tax. See the full paycheck breakdown for $30,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.