Onaway, MI
Population 701 · Michigan
About Onaway, MI
Onaway is a small community in Michigan with a population of 701 residents. The median household income is $40,159 per year, which is below the national average. The median age in Onaway is 51.8 years.
Housing in Onaway has a median home value of $59,100 and median monthly rent of $600. Of the 476 total housing units, the majority are owner-occupied, with 264 owner-occupied and 137 renter-occupied units.
The unemployment rate in Onaway is 6.7% and the poverty rate is 21.7%. 9.0% of residents hold a bachelor's degree or higher. The average commute time is 24.8 minutes.
How Onaway Ranks in Michigan
Cost of Living in Onaway, MI
Compared to national averages, Onaway has a median household income of $40,159 (47% below the national median of $75,149). Home values average $59,100, which is 76% below the national median. Monthly rent at $600 is 48% below the US average of $1,163. Within Michigan, Onaway's income is 39% below the state average of $66,017, and home values are 68% below the state median of $183,391.
Why Live in Onaway, MI?
Onaway offers affordable housing with a median home value of $59,100, below the US average of $244,900, and rent that’s lower than the national average at $600/month, and short commute times averaging just 24.8 minutes.
Potential considerations include median household income ($40,159) that falls below the national average. However, Onaway’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Onaway has a population of 701 with a median age of 51.8 years. Compare Onaway with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Onaway
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Ruby | 705 | $66,910 | $211,200 | Compare |
| Britton | 695 | $78,125 | $157,500 | Compare |
| Pittsford | 711 | $0 | $111,700 | Compare |
| Hartland | 722 | $108,750 | $310,800 | Compare |
| Presque Isle Harbor | 722 | $101,250 | $252,700 | Compare |
| Maple Rapids | 724 | $50,357 | $112,500 | Compare |
| Augusta | 726 | $58,958 | $135,200 | Compare |
| Calumet | 676 | $25,234 | $82,500 | 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.
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Frequently Asked Questions about Onaway
What is the population of Onaway, MI?
The population of Onaway, MI is 701 according to the latest Census data.
What is the median household income in Onaway?
The median household income in Onaway, MI is $40,159 per year.
What is the median home value in Onaway?
The median home value in Onaway, MI is $59,100.
What is the average rent in Onaway?
The median monthly rent in Onaway, MI is $600.
What is the unemployment rate in Onaway?
The unemployment rate in Onaway, MI is 6.7%.