Living in Breckenridge, Michigan
Cost of living, income, home prices, rent and demographics of Breckenridge · Census data 2020–2024
Breckenridge has 1,517 residents with a median age of 39.5. The median household income is $57,540 (21% lower than the Michigan median), the median home value is $111,500, the median rent is $731/month.
Breckenridge at a glance
- Population
- 1,517
- Median age
- 39.5State: 40.2
- Median household income
- $57,540State: $72,875
- Median home value
- $111,500State: $231,600
- Median rent
- $731/moState: $1,129
- Homeowners
- 65.4%
- Bachelor's degree or higher
- 12.2%
- Average commute
- 27 min
Is Breckenridge a good place to live?
Pros: Home values 52% lower than the state median.
Cons: Median household income 21% lower than the Michigan median; an average commute of 27 minutes; unemployment of 7.5%; a poverty rate of 18%.
The weather is best in June to September.
Cost of living in Breckenridge
Housing is the biggest part of the cost of living. In Breckenridge the median home value is $111,500, 66% lower than the U.S. median. Renters pay a median of $731 per month, which is 27.1% of household income. Homeowners with a mortgage pay $1,049 a month in housing costs.
Breckenridge median household income
The median household income in Breckenridge is $57,540 and the income per person is $26,826. 18% of residents live below the poverty line (Michigan: 13.2%).
Housing in Breckenridge: homes for sale and rent
- Housing units
- 567
- Owner-occupied
- 65.4%
- Renter-occupied
- 34.6%
- Vacant
- 3.5%Includes seasonal homes
- Median year built
- 1964
- Average household size
- 2.68
Breckenridge demographics
- Population
- 1,517
- Median age
- 39.5
- Under 18
- 25.5%
- 65 and older
- 17.2%
- Households
- 547
- Foreign-born
- 0%
- Veterans
- 3.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Breckenridge ›
Education in Breckenridge
12.2% of adults 25 and older in Breckenridge have a bachelor's degree or higher (Michigan: 32.4%), and 4.4% have a graduate or professional degree.
Jobs and commute in Breckenridge
- Unemployment rate
- 7.5%State: 5.7%
- Average commute
- 27 minState: 24 min
- Work from home
- 5.3%
- Drive alone
- 84.5%
- Public transit
- 0%
- Walk to work
- 5.7%
- Homes with broadband
- 84.8%
Breckenridge vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Breckenridge | 1,517 | $57,540 | $111,500 | $731 |
| St. Louis | 7,367 | $51,167 | $119,200 | $794 |
| Merrill | 798 | $47,500 | $93,200 | $719 |
| Alma | 9,396 | $53,307 | $115,900 | $836 |
| Ithaca | 2,817 | $63,109 | $133,200 | $819 |
| Hemlock | 1,529 | $102,188 | $221,800 | $1,011 |
| Shepherd | 1,457 | $70,156 | $157,000 | $789 |
| Ashley | 483 | $58,846 | $109,500 | $950 |
| St. Charles | 1,934 | $50,000 | $118,500 | $460 |
More for people moving to Breckenridge
Breckenridge ZIP code ›Weather and climate ›Living in Breckenridge: FAQ
What is the median household income in Breckenridge, MI?
The median household income in Breckenridge is $57,540, 21% 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 Breckenridge?
The median home value in Breckenridge is $111,500, compared with $231,600 in Michigan.
How much is rent in Breckenridge?
The median gross rent in Breckenridge is $731 per month, about 27.1% of household income.
Is Breckenridge, MI a good place to live?
Pluses: home values 52% lower than the state median. Minuses: median household income 21% lower than the Michigan median; an average commute of 27 minutes; unemployment of 7.5%; a poverty rate of 18%.
What is the median age in Breckenridge?
The median age in Breckenridge is 39.5 years (Michigan: 40.2).
How long is the commute in Breckenridge?
The average commute to work in Breckenridge is 27 minutes; 5.3% of workers work from home.
What is the unemployment rate in Breckenridge?
The unemployment rate in Breckenridge is 7.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Breckenridge?
12.2% of adults in Breckenridge 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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