Big Bay, MI
Population 307 · Michigan
About Big Bay, MI
Big Bay is a small community in Michigan with a population of 307 residents. The median household income is $48,672 per year, which is below the national average. The median age in Big Bay is 53.2 years.
Housing in Big Bay has a median home value of $261,400 and median monthly rent of $0. Of the 292 total housing units, the majority are owner-occupied, with 108 owner-occupied and 23 renter-occupied units.
The unemployment rate in Big Bay is 0.0% and the poverty rate is 22.0%. 37.9% of residents hold a bachelor's degree or higher. The average commute time is 24.3 minutes.
Cost of Living in Big Bay, MI
Compared to national averages, Big Bay has a median household income of $48,672 (35% below the national median of $75,149). Home values average $261,400, which is 7% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Michigan, Big Bay's income is 26% below the state average of $66,017, and home values are 43% above the state median of $183,391.
Why Live in Big Bay, MI?
Big Bay offers rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%, and a well-educated community where 37.9% of residents hold a bachelor’s degree or higher. Additionally, the city features short commute times averaging just 24.3 minutes.
Potential considerations include median household income ($48,672) that falls below the national average. However, Big Bay’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Big Bay has a population of 307 with a median age of 53.2 years. Compare Big Bay with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Big Bay
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Alba | 304 | $91,458 | $48,600 | Compare |
| Eastlake | 304 | $50,139 | $117,900 | Compare |
| Akron | 312 | $57,500 | $75,500 | Compare |
| Beal City | 312 | $73,333 | $200,600 | Compare |
| Glen Arbor | 313 | $178,750 | $690,200 | Compare |
| Boyne Falls | 315 | $46,250 | $160,400 | Compare |
| Breedsville | 315 | $76,250 | $210,300 | Compare |
| Dodgeville | 298 | $92,188 | $209,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Michigan
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Big Bay
What is the population of Big Bay, MI?
The population of Big Bay, MI is 307 according to the latest Census data.
What is the median household income in Big Bay?
The median household income in Big Bay, MI is $48,672 per year.
What is the median home value in Big Bay?
The median home value in Big Bay, MI is $261,400.
What is the average rent in Big Bay?
The median monthly rent in Big Bay, MI is $0.
What is the unemployment rate in Big Bay?
The unemployment rate in Big Bay, MI is 0.0%.