Michigamme, MI
Population 196 · Michigan
About Michigamme, MI
Michigamme is a small community in Michigan with a population of 196 residents. The median household income is $48,750 per year, which is below the national average. The median age in Michigamme is 63 years.
Housing in Michigamme has a median home value of $166,300 and median monthly rent of $0. Of the 218 total housing units, the majority are owner-occupied, with 93 owner-occupied and 1 renter-occupied units.
The unemployment rate in Michigamme is 20.9% and the poverty rate is 23.2%. 26.0% of residents hold a bachelor's degree or higher. The average commute time is 28.5 minutes.
Cost of Living in Michigamme, MI
Compared to national averages, Michigamme has a median household income of $48,750 (35% below the national median of $75,149). Home values average $166,300, which is 32% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Michigan, Michigamme's income is 26% below the state average of $66,017, and home values are 9% below the state median of $183,391.
Why Live in Michigamme, MI?
Michigamme offers affordable housing with a median home value of $166,300, below the US average of $244,900, and rent that’s lower than the national average at $0/month.
Potential considerations include median household income ($48,750) that falls below the national average. However, Michigamme’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Michigamme has a population of 196 with a median age of 63 years. Compare Michigamme with other cities to see how it stacks up, or explore all cities in Michigan.
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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 Michigamme
What is the population of Michigamme, MI?
The population of Michigamme, MI is 196 according to the latest Census data.
What is the median household income in Michigamme?
The median household income in Michigamme, MI is $48,750 per year.
What is the median home value in Michigamme?
The median home value in Michigamme, MI is $166,300.
What is the average rent in Michigamme?
The median monthly rent in Michigamme, MI is $0.
What is the unemployment rate in Michigamme?
The unemployment rate in Michigamme, MI is 20.9%.