Boyne Falls, MI
Population 315 · Michigan
About Boyne Falls, MI
Boyne Falls is a small community in Michigan with a population of 315 residents. The median household income is $46,250 per year, which is below the national average. The median age in Boyne Falls is 42.9 years.
Housing in Boyne Falls has a median home value of $160,400 and median monthly rent of $821. Of the 189 total housing units, the majority are owner-occupied, with 124 owner-occupied and 40 renter-occupied units.
The unemployment rate in Boyne Falls is 4.3% and the poverty rate is 15.6%. 8.8% of residents hold a bachelor's degree or higher. The average commute time is 20.5 minutes.
Cost of Living in Boyne Falls, MI
Compared to national averages, Boyne Falls has a median household income of $46,250 (38% below the national median of $75,149). Home values average $160,400, which is 35% below the national median. Monthly rent at $821 is 29% below the US average of $1,163. Within Michigan, Boyne Falls's income is 30% below the state average of $66,017, and home values are 13% below the state median of $183,391.
Why Live in Boyne Falls, MI?
Boyne Falls offers affordable housing with a median home value of $160,400, below the US average of $244,900, and rent that’s lower than the national average at $821/month, and short commute times averaging just 20.5 minutes.
Potential considerations include median household income ($46,250) that falls below the national average. However, Boyne Falls’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Boyne Falls has a population of 315 with a median age of 42.9 years. Compare Boyne Falls with other cities to see how it stacks up, or explore all cities in Michigan.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Boyne Falls
What is the population of Boyne Falls, MI?
The population of Boyne Falls, MI is 315 according to the latest Census data.
What is the median household income in Boyne Falls?
The median household income in Boyne Falls, MI is $46,250 per year.
What is the median home value in Boyne Falls?
The median home value in Boyne Falls, MI is $160,400.
What is the average rent in Boyne Falls?
The median monthly rent in Boyne Falls, MI is $821.
What is the unemployment rate in Boyne Falls?
The unemployment rate in Boyne Falls, MI is 4.3%.