Calumet, MI
Population 676 · Michigan
About Calumet, MI
Calumet is a small community located in Michigan with a population of 676 residents according to the latest US Census Bureau American Community Survey data. The median household income is $25,234 per year, which is 66% below the national median of $75,149. The median age of 37.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Calumet features a median home value of $82,500, which is 66% below the national median of $244,900. This makes Calumet one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $640, 45% below the national average of $1,163/month. Of the 524 total housing units, 28% are owner-occupied (115 units) and 72% are renter-occupied (294 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Calumet shows an unemployment rate of 9.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 39.9%, above the national average of 12.4%. Workers in Calumet have an average one-way commute time of 15.8 minutes, one of the shorter commutes in the region.
Education & Demographics
25.2% of Calumet 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 2.8% White, 2.4% Hispanic or Latino, 0.6% Black or African American, and 0.0% Asian residents, with 5.0% of the population being foreign-born.
Cost of Living in Calumet, MI
Compared to national averages, Calumet has a median household income of $25,234 (66% below the national median of $75,149). Home values average $82,500, which is 66% below the national median. Monthly rent at $640 is 45% below the US average of $1,163. Within Michigan, Calumet's income is 62% below the state average of $66,017, and home values are 55% below the state median of $183,391.
Why Live in Calumet, MI?
Calumet offers affordable housing with a median home value of $82,500, below the US average of $244,900, and rent that’s lower than the national average at $640/month, and short commute times averaging just 15.8 minutes.
Potential considerations include median household income ($25,234) that falls below the national average. However, Calumet’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Calumet has a population of 676 with a median age of 37.5 years. Compare Calumet with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Calumet
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Port Austin | 676 | $46,000 | $162,100 | Compare |
| Caseville | 675 | $54,306 | $158,200 | Compare |
| Marion | 674 | $41,944 | $96,800 | Compare |
| Lake City | 669 | $59,750 | $157,500 | Compare |
| Mackinac Island | 663 | $100,125 | $834,600 | Compare |
| Ida | 661 | $122,885 | $209,700 | Compare |
| Britton | 695 | $78,125 | $157,500 | Compare |
| Byron | 654 | $64,135 | $177,500 | 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 Calumet With Other Cities
Frequently Asked Questions about Calumet
What is the population of Calumet, MI?
The population of Calumet, MI is 676 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Michigan.
What is the median household income in Calumet?
The median household income in Calumet, MI is $25,234 per year, which is 66% below the national median of $75,149.
What is the median home value in Calumet?
The median home value in Calumet, MI is $82,500, which is 66% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Calumet?
The median monthly rent in Calumet, MI is $640, which is 45% below the national average of $1,163/month.
What is the unemployment rate in Calumet?
The unemployment rate in Calumet, MI is 9.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Calumet, MI a good place to live?
Calumet offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 676 and a median age of 37.5, the city appeals to a broad range of residents.
How educated is Calumet, MI?
25.2% of residents in Calumet aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Calumet?
Key cost-of-living indicators for Calumet, MI: median home value is $82,500 (66% below national), median rent is $640/month, and median household income is $25,234. The home-value-to-income ratio is 3.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Calumet?
The poverty rate in Calumet, MI is 39.9%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Calumet, MI?
Calumet's population is 2.8% White, 2.4% Hispanic or Latino, 0.6% Black or African American, 0.0% Asian, and 0.0% two or more races. 5.0% of residents are foreign-born.