Negaunee, MI
Population 4,641 · Michigan
About Negaunee, MI
Negaunee is a small town located in Michigan with a population of 4,641 residents according to the latest US Census Bureau American Community Survey data. The median household income is $70,483 per year, which is 6% below the national median of $75,149. The median age of 36.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Negaunee features a median home value of $156,400, which is 36% below the national median of $244,900. This positions Negaunee in a moderately priced market relative to the rest of the country. Median monthly rent is $853, 27% below the national average of $1,163/month. Of the 2,067 total housing units, 78% are owner-occupied (1,521 units) and 22% are renter-occupied (424 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Negaunee shows an unemployment rate of 1.9%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 11.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Negaunee have an average one-way commute time of 16.5 minutes, one of the shorter commutes in the region.
Education & Demographics
33.9% of Negaunee 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 0.0% White, 4.4% Hispanic or Latino, 0.0% Black or African American, and 2.0% Asian residents, with 2.7% of the population being foreign-born.
Cost of Living in Negaunee, MI
Compared to national averages, Negaunee has a median household income of $70,483 (6% below the national median of $75,149). Home values average $156,400, which is 36% below the national median. Monthly rent at $853 is 27% below the US average of $1,163. Within Michigan, Negaunee's income is 7% above the state average of $66,017, and home values are 15% below the state median of $183,391.
Why Live in Negaunee, MI?
Negaunee offers affordable housing with a median home value of $156,400, below the US average of $244,900, and rent that’s lower than the national average at $853/month, and a strong job market with an unemployment rate of just 1.9%. Additionally, the city features a well-educated community where 33.9% of residents hold a bachelor’s degree or higher, and a low poverty rate of 11.6%, better than the national average, and short commute times averaging just 16.5 minutes.
Potential considerations include median household income ($70,483) that falls below the national average. However, Negaunee’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Negaunee has a population of 4,641 with a median age of 36.9 years. Compare Negaunee with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Negaunee
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Michigan Center | 4,623 | $68,114 | $159,500 | Compare |
| Fremont | 4,532 | $57,000 | $169,500 | Compare |
| Hancock | 4,510 | $55,278 | $185,700 | Compare |
| DeWitt | 4,774 | $105,857 | $303,200 | Compare |
| Dexter | 4,495 | $103,182 | $401,800 | Compare |
| Cheboygan | 4,801 | $41,338 | $118,700 | Compare |
| Wolf Lake | 4,802 | $49,005 | $99,800 | Compare |
| Wolverine Lake | 4,476 | $88,423 | $270,400 | 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 Negaunee With Other Cities
Frequently Asked Questions about Negaunee
What is the population of Negaunee, MI?
The population of Negaunee, MI is 4,641 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 Negaunee?
The median household income in Negaunee, MI is $70,483 per year, which is 6% below the national median of $75,149.
What is the median home value in Negaunee?
The median home value in Negaunee, MI is $156,400, which is 36% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Negaunee?
The median monthly rent in Negaunee, MI is $853, which is 27% below the national average of $1,163/month.
What is the unemployment rate in Negaunee?
The unemployment rate in Negaunee, MI is 1.9%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Negaunee, MI a good place to live?
Negaunee offers a moderate cost of living, affordable housing, and a strong job market. With a population of 4,641 and a median age of 36.9, the city appeals to a broad range of residents.
How educated is Negaunee, MI?
33.9% of residents in Negaunee 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 Negaunee?
Key cost-of-living indicators for Negaunee, MI: median home value is $156,400 (36% below national), median rent is $853/month, and median household income is $70,483. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Negaunee?
The poverty rate in Negaunee, MI is 11.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Negaunee, MI?
Negaunee's population is 0.0% White, 4.4% Hispanic or Latino, 0.0% Black or African American, 2.0% Asian, and 0.5% two or more races. 2.7% of residents are foreign-born.