Living in Boyne City, Michigan
Cost of living, income, home prices, rent and demographics of Boyne City · Census data 2020–2024
Boyne City has 3,825 residents with a median age of 48.8. The median household income is $64,855 (11% lower than the Michigan median), the median home value is $249,000, the median rent is $906/month.
Boyne City at a glance
- Population
- 3,825
- Median age
- 48.8State: 40.2
- Median household income
- $64,855State: $72,875
- Median home value
- $249,000State: $231,600
- Median rent
- $906/moState: $1,129
- Homeowners
- 68.2%
- Bachelor's degree or higher
- 32.9%
- Average commute
- 15 min
Is Boyne City a good place to live?
Pros: An average commute of 15 minutes; unemployment of 5%; a poverty rate of 7.8%.
Cons: Median household income 11% lower than the Michigan median; home values 8% higher than the state median.
The weather is best in June to September.
Cost of living in Boyne City
Housing is the biggest part of the cost of living. In Boyne City the median home value is $249,000, 25% lower than the U.S. median. Renters pay a median of $906 per month, which is 32.7% of household income. Homeowners with a mortgage pay $1,475 a month in housing costs.
Boyne City median household income
The median household income in Boyne City is $64,855 and the income per person is $39,709. 7.8% of residents live below the poverty line (Michigan: 13.2%).
Housing in Boyne City: homes for sale and rent
- Housing units
- 2,296
- Owner-occupied
- 68.2%
- Renter-occupied
- 31.8%
- Vacant
- 19.6%Includes seasonal homes
- Median year built
- 1977
- Average household size
- 2.05
Boyne City demographics
- Population
- 3,825
- Median age
- 48.8
- Under 18
- 18.9%
- 65 and older
- 24.7%
- Households
- 1,845
- Foreign-born
- 1.2%
- Veterans
- 5.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Boyne City ›
Education in Boyne City
32.9% of adults 25 and older in Boyne City have a bachelor's degree or higher (Michigan: 32.4%), and 12.1% have a graduate or professional degree.
Jobs and commute in Boyne City
- Unemployment rate
- 5%State: 5.7%
- Average commute
- 15 minState: 24 min
- Work from home
- 14.7%
- Drive alone
- 71.5%
- Public transit
- 1%
- Walk to work
- 2%
- Homes with broadband
- 89.2%
Boyne City vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Boyne City | 3,825 | $64,855 | $249,000 | $906 |
| Advance | 377 | $110,417 | $563,800 | $1,375 |
| Walloon Lake | 294 | $87,303 | $285,400 | — |
| Horton Bay | 374 | $69,926 | $345,500 | — |
| Boyne Falls | 361 | $62,159 | $167,700 | $949 |
| East Jordan | 2,023 | $60,104 | $148,000 | $812 |
| Ironton | 173 | $93,750 | $246,400 | — |
| Petoskey | 5,856 | $74,196 | $364,100 | $1,006 |
| Bay Shore | 697 | $75,217 | $153,600 | $869 |
More for people moving to Boyne City
Boyne City ZIP code ›Weather and climate ›Living in Boyne City: FAQ
What is the median household income in Boyne City, MI?
The median household income in Boyne City is $64,855, 11% lower than the Michigan median of $72,875 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Boyne City?
The median home value in Boyne City is $249,000, compared with $231,600 in Michigan.
How much is rent in Boyne City?
The median gross rent in Boyne City is $906 per month, about 32.7% of household income.
Is Boyne City, MI a good place to live?
Pluses: an average commute of 15 minutes; unemployment of 5%; a poverty rate of 7.8%. Minuses: median household income 11% lower than the Michigan median; home values 8% higher than the state median.
What is the median age in Boyne City?
The median age in Boyne City is 48.8 years (Michigan: 40.2).
How long is the commute in Boyne City?
The average commute to work in Boyne City is 15 minutes; 14.7% of workers work from home.
What is the unemployment rate in Boyne City?
The unemployment rate in Boyne City is 5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Boyne City?
32.9% of adults in Boyne City have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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