Ranked from ACS 2023 5-Year
Cheapest Counties to Own a Home Outright in Michigan
Paying off a mortgage does not end the cost of a house. This ranks counties by what the median home still costs every month with no loan at all: property tax, insurance, electricity, water and maintenance. Nowhere in America is it zero.
Where does yours land?
Every county in America is somewhere on this scale, including the one you live in.
Michigan ranked
| # | County | Monthly if paid off | Median home | Effective rate |
|---|---|---|---|---|
| 1 | Ontonagon County | $436 | $101,000 | 1.232% |
| 2 | Luce County | $437 | $110,400 | 1.015% |
| 3 | Iron County | $454 | $101,500 | 1.437% |
| 4 | Gogebic County | $455 | $99,700 | 1.492% |
| 5 | Oscoda County | $461 | $126,000 | 0.938% |
| 6 | Iosco County | $467 | $122,900 | 1.061% |
| 7 | Clare County | $468 | $117,400 | 1.181% |
| 8 | Schoolcraft County | $472 | $123,500 | 1.091% |
| 9 | Lake County | $477 | $122,900 | 1.150% |
| 10 | Presque Isle County | $489 | $135,200 | 1.022% |
| 11 | Montmorency County | $491 | $142,000 | 0.922% |
| 12 | Ogemaw County | $496 | $138,600 | 1.022% |
| 13 | Baraga County | $499 | $124,400 | 1.339% |
| 14 | Osceola County | $502 | $139,600 | 1.059% |
| 15 | Menominee County | $505 | $142,700 | 1.030% |
| 16 | Arenac County | $506 | $129,000 | 1.299% |
| 17 | Alpena County | $506 | $137,800 | 1.129% |
| 18 | Alcona County | $511 | $157,500 | 0.839% |
| 19 | Roscommon County | $518 | $148,000 | 1.049% |
| 20 | Gratiot County | $520 | $136,800 | 1.271% |
| 21 | Tuscola County | $522 | $136,900 | 1.280% |
| 22 | Delta County | $526 | $146,800 | 1.129% |
| 23 | Huron County | $527 | $141,300 | 1.241% |
| 24 | Dickinson County | $527 | $130,300 | 1.471% |
| 25 | Crawford County | $528 | $149,900 | 1.093% |
| 26 | Houghton County | $528 | $140,300 | 1.269% |
| 27 | Sanilac County | $530 | $162,200 | 0.917% |
| 28 | Branch County | $539 | $147,500 | 1.229% |
| 29 | Missaukee County | $541 | $163,700 | 0.977% |
| 30 | Gladwin County | $546 | $153,200 | 1.183% |
| 31 | Alger County | $548 | $165,700 | 0.997% |
| 32 | Kalkaska County | $549 | $174,300 | 0.886% |
| 33 | Hillsdale County | $553 | $170,500 | 0.964% |
| 34 | Mackinac County | $554 | $165,600 | 1.038% |
| 35 | Mecosta County | $556 | $169,900 | 0.996% |
| 36 | Bay County | $557 | $135,100 | 1.632% |
| 37 | Cheboygan County | $557 | $175,200 | 0.928% |
| 38 | Wexford County | $560 | $160,300 | 1.165% |
| 39 | Chippewa County | $560 | $153,100 | 1.288% |
| 40 | Saginaw County | $561 | $139,400 | 1.571% |
| 41 | Manistee County | $563 | $166,600 | 1.089% |
| 42 | St. Joseph County | $568 | $167,600 | 1.114% |
| 43 | Keweenaw County | $571 | $181,400 | 0.939% |
| 44 | Oceana County | $572 | $167,600 | 1.143% |
| 45 | Montcalm County | $572 | $172,100 | 1.076% |
| 46 | Calhoun County | $582 | $151,500 | 1.498% |
| 47 | Isabella County | $591 | $165,100 | 1.320% |
| 48 | Otsego County | $593 | $196,500 | 0.891% |
| 49 | Shiawassee County | $594 | $164,600 | 1.345% |
| 50 | Newaygo County | $597 | $178,300 | 1.151% |
| 51 | Muskegon County | $619 | $180,900 | 1.260% |
| 52 | Genesee County | $621 | $172,900 | 1.398% |
| 53 | Cass County | $622 | $205,200 | 0.961% |
| 54 | Marquette County | $623 | $202,000 | 1.000% |
| 55 | Ionia County | $623 | $189,400 | 1.167% |
| 56 | Jackson County | $627 | $182,900 | 1.286% |
| 57 | Lenawee County | $630 | $181,100 | 1.332% |
| 58 | Mason County | $634 | $199,300 | 1.105% |
| 59 | Van Buren County | $643 | $189,900 | 1.287% |
| 60 | Antrim County | $648 | $222,500 | 0.914% |
| 61 | Wayne County | $649 | $170,200 | 1.642% |
| 62 | Berrien County | $662 | $211,400 | 1.115% |
| 63 | Midland County | $664 | $184,300 | 1.504% |
| 64 | Lapeer County | $669 | $229,100 | 0.954% |
| 65 | St. Clair County | $676 | $213,900 | 1.165% |
| 66 | Monroe County | $678 | $215,700 | 1.155% |
| 67 | Benzie County | $694 | $254,400 | 0.833% |
| 68 | Eaton County | $704 | $206,700 | 1.415% |
| 69 | Charlevoix County | $704 | $242,800 | 0.992% |
| 70 | Ingham County | $727 | $187,500 | 1.860% |
| 71 | Barry County | $730 | $243,700 | 1.110% |
| 72 | Allegan County | $742 | $247,000 | 1.133% |
| 73 | Emmet County | $750 | $275,300 | 0.905% |
| 74 | Clinton County | $759 | $243,700 | 1.251% |
| 75 | Macomb County | $764 | $231,400 | 1.423% |
| 76 | Kalamazoo County | $766 | $227,500 | 1.485% |
| 77 | Kent County | $783 | $265,700 | 1.140% |
| 78 | Grand Traverse County | $810 | $296,200 | 0.979% |
| 79 | Ottawa County | $818 | $291,200 | 1.057% |
| 80 | Livingston County | $882 | $331,100 | 0.987% |
| 81 | Leelanau County | $939 | $406,900 | 0.702% |
| 82 | Oakland County | $951 | $320,400 | 1.324% |
| 83 | Washtenaw County | $1,095 | $353,000 | 1.559% |
Every figure is modelled on the county's own median home with 20% down at 7.03%. Property tax and electricity are county and state specific; homeowners insurance uses the NAIC average premium for that state, which ranges from 0.16% of home value in Hawaii to 1.16% in Oklahoma. Maintenance and water are national estimates. Full methodology.
Nationwide
Cheapest Counties to Own a Home Outright across all 3,133 US counties · Every county in Michigan