Mackinac Island, MI
561Residents
$95,000Median household income
$1,197/moMedian gross rent
$733,300Median home value
40.4Median age
41%Adults with a bachelor’s degree or higher
49%Homes lived in by their owners
7.7×Home value to household income
Median rent takes about 15% of the median household income in Mackinac Island.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $48,000 a year. In Michigan that leaves roughly $3,226 a month after tax. See the full paycheck breakdown for $50,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.