Boyne City, MI
Population 3,829 · Michigan
About Boyne City, MI
Boyne City is a small town located in Michigan with a population of 3,829 residents according to the latest US Census Bureau American Community Survey data. The median household income is $68,087 per year, which is 9% below the national median of $75,149. The median age of 47.7 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Boyne City features a median home value of $233,900, which is 4% below the national median of $244,900. This positions Boyne City in a moderately priced market relative to the rest of the country. Median monthly rent is $893, 23% below the national average of $1,163/month. Of the 2,285 total housing units, 71% are owner-occupied (1,327 units) and 29% are renter-occupied (534 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Boyne City shows an unemployment rate of 6.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 7.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Boyne City have an average one-way commute time of 17.1 minutes, one of the shorter commutes in the region.
Education & Demographics
37.8% of Boyne City residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 1.0% White, 1.6% Hispanic or Latino, 0.1% Black or African American, and 0.4% Asian residents, with 1.3% of the population being foreign-born.
Cost of Living in Boyne City, MI
Compared to national averages, Boyne City has a median household income of $68,087 (9% below the national median of $75,149). Home values average $233,900, which is 4% below the national median. Monthly rent at $893 is 23% below the US average of $1,163. Within Michigan, Boyne City's income is 3% above the state average of $66,017, and home values are 28% above the state median of $183,391.
Why Live in Boyne City, MI?
Boyne City offers affordable housing with a median home value of $233,900, below the US average of $244,900, and rent that’s lower than the national average at $893/month, and a well-educated community where 37.8% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 7.5%, better than the national average, and short commute times averaging just 17.1 minutes.
Potential considerations include median household income ($68,087) that falls below the national average. However, Boyne City’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Boyne City has a population of 3,829 with a median age of 47.7 years. Compare Boyne City with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Boyne City
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Vicksburg | 3,824 | $70,070 | $208,300 | Compare |
| Portland | 3,821 | $65,116 | $165,000 | Compare |
| Williamston | 3,800 | $73,902 | $215,000 | Compare |
| Paw Paw Lake | 3,794 | $65,360 | $191,100 | Compare |
| Plainwell | 3,764 | $65,846 | $191,100 | Compare |
| Dorr | 3,952 | $95,575 | $262,400 | Compare |
| Imlay City | 3,706 | $55,061 | $137,800 | Compare |
| Belleville | 3,961 | $59,929 | $162,700 | 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.
Compare Boyne City With Other Cities
Frequently Asked Questions about Boyne City
What is the population of Boyne City, MI?
The population of Boyne City, MI is 3,829 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Michigan.
What is the median household income in Boyne City?
The median household income in Boyne City, MI is $68,087 per year, which is 9% below the national median of $75,149.
What is the median home value in Boyne City?
The median home value in Boyne City, MI is $233,900, which is 4% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Boyne City?
The median monthly rent in Boyne City, MI is $893, which is 23% below the national average of $1,163/month.
What is the unemployment rate in Boyne City?
The unemployment rate in Boyne City, MI is 6.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Boyne City, MI a good place to live?
Boyne City offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 3,829 and a median age of 47.7, the city appeals to established professionals and retirees.
How educated is Boyne City, MI?
37.8% of residents in Boyne City aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Boyne City?
Key cost-of-living indicators for Boyne City, MI: median home value is $233,900 (4% below national), median rent is $893/month, and median household income is $68,087. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Boyne City?
The poverty rate in Boyne City, MI is 7.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Boyne City, MI?
Boyne City's population is 1.0% White, 1.6% Hispanic or Latino, 0.1% Black or African American, 0.4% Asian, and 1.3% two or more races. 1.3% of residents are foreign-born.