The median home value in Michigamme, MI is $109,300. This is lower than the county median home value of $149,000. The national median home value is $219,700. The average price of homes sold in Michigamme, MI is $109,300. Approximately 45.35% of Michigamme homes are owned, compared to 4.26% rented, while 50.39% are vacant. Michigamme real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Michigamme real estate agent to arrange a tour today!
Michigamme, Michigan 49861 has a population of 250. Michigamme 49861 is less family-centric than the surrounding county with 12.71% of the households containing married families with children. The county average for households married with children is 26.75%.
The median household income in Michigamme, Michigan 49861 is $47,500. The median household income for the surrounding county is $48,491 compared to the national median of $57,652. The median age of people living in Michigamme 49861 is 60 years.
The average high temperature in July is 77.4 degrees, with an average low temperature in January of 5.8 degrees. The average rainfall is approximately 32.2 inches per year, with 132.7 inches of snow per year.