Mackinac Island, MI
Population 663 · Michigan
About Mackinac Island, MI
Mackinac Island is a small community in Michigan with a population of 663 residents. The median household income is $100,125 per year, which is above the national average. The median age in Mackinac Island is 39.8 years.
Housing in Mackinac Island has a median home value of $834,600 and median monthly rent of $1,164. Of the 833 total housing units, renting is more common than owning, with 99 owner-occupied and 105 renter-occupied units.
The unemployment rate in Mackinac Island is 9.1% and the poverty rate is 17.3%. 38.1% of residents hold a bachelor's degree or higher. The average commute time is 16.2 minutes.
Cost of Living in Mackinac Island, MI
Compared to national averages, Mackinac Island has a median household income of $100,125 (33% above the national median of $75,149). Home values average $834,600, which is 241% above the national median. Monthly rent at $1,164 is 0% above the US average of $1,163. Within Michigan, Mackinac Island's income is 52% above the state average of $66,017, and home values are 355% above the state median of $183,391.
Why Live in Mackinac Island, MI?
Mackinac Island offers a strong local economy with a median household income of $100,125, well above the national average, and a well-educated community where 38.1% of residents hold a bachelor’s degree or higher, and short commute times averaging just 16.2 minutes.
Potential considerations include a competitive housing market where the typical home costs $834,600. However, Mackinac Island’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Mackinac Island has a population of 663 with a median age of 39.8 years. Compare Mackinac Island 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 Mackinac Island
What is the population of Mackinac Island, MI?
The population of Mackinac Island, MI is 663 according to the latest Census data.
What is the median household income in Mackinac Island?
The median household income in Mackinac Island, MI is $100,125 per year.
What is the median home value in Mackinac Island?
The median home value in Mackinac Island, MI is $834,600.
What is the average rent in Mackinac Island?
The median monthly rent in Mackinac Island, MI is $1,164.
What is the unemployment rate in Mackinac Island?
The unemployment rate in Mackinac Island, MI is 9.1%.