Living in Calumet, Michigan
Cost of living, income, home prices, rent and demographics of Calumet · Census data 2020–2024
Calumet has 645 residents with a median age of 39.1. The median household income is $26,667 (63% lower than the Michigan median), the median home value is $84,400, the median rent is $667/month.
Calumet is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Calumet at a glance
- Population
- 645
- Median age
- 39.1State: 40.2
- Median household income
- $26,667State: $72,875
- Median home value
- $84,400State: $231,600
- Median rent
- $667/moState: $1,129
- Homeowners
- 27%
- Bachelor's degree or higher
- 22.3%
- Average commute
- 16 min
Is Calumet a good place to live?
Pros: Home values 64% lower than the state median; an average commute of 16 minutes.
Cons: Median household income 63% lower than the Michigan median; unemployment of 12%; a poverty rate of 42.6%.
The weather is best in June to September.
Cost of living in Calumet
Housing is the biggest part of the cost of living. In Calumet the median home value is $84,400, 75% lower than the U.S. median. Renters pay a median of $667 per month, which is 29.9% of household income. Homeowners with a mortgage pay $853 a month in housing costs.
Calumet median household income
The median household income in Calumet is $26,667 and the income per person is $24,088. 42.6% of residents live below the poverty line (Michigan: 13.2%).
Housing in Calumet: homes for sale and rent
- Housing units
- 504
- Owner-occupied
- 27%
- Renter-occupied
- 73%
- Vacant
- 19%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 1.58
Calumet demographics
- Population
- 645
- Median age
- 39.1
- Under 18
- 9.3%
- 65 and older
- 21.9%
- Households
- 408
- Foreign-born
- 3.9%
- Veterans
- 7%Adults 18+
Hispanic or Latino can be of any race. Population history of Calumet ›
Education in Calumet
22.3% of adults 25 and older in Calumet have a bachelor's degree or higher (Michigan: 32.4%), and 7.1% have a graduate or professional degree.
Jobs and commute in Calumet
- Unemployment rate
- 12%State: 5.7%
- Average commute
- 16 minState: 24 min
- Work from home
- 8.2%
- Drive alone
- 51.2%
- Public transit
- 0%
- Walk to work
- 28.3%
- Homes with broadband
- 77%
Calumet vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Calumet | 645 | $26,667 | $84,400 | $667 |
| Laurium | 1,509 | $54,167 | $126,100 | $808 |
| Copper City | 253 | $51,250 | $103,400 | $817 |
| Lake Linden | 1,020 | $43,472 | $97,000 | $543 |
| Hubbell | 881 | $53,333 | $85,400 | $1,047 |
| Mohawk | 264 | $28,224 | $95,600 | — |
| Dollar Bay | 1,049 | $61,250 | $153,100 | $825 |
| Hancock | 4,574 | $59,519 | $165,600 | $835 |
| Houghton | 8,474 | $43,456 | $254,500 | $978 |
More for people moving to Calumet
Calumet ZIP code ›Weather and climate ›Living in Calumet: FAQ
What is the median household income in Calumet, MI?
The median household income in Calumet is $26,667, 63% 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 Calumet?
The median home value in Calumet is $84,400, compared with $231,600 in Michigan.
How much is rent in Calumet?
The median gross rent in Calumet is $667 per month, about 29.9% of household income.
Is Calumet, MI a good place to live?
Pluses: home values 64% lower than the state median; an average commute of 16 minutes. Minuses: median household income 63% lower than the Michigan median; unemployment of 12%; a poverty rate of 42.6%.
What is the median age in Calumet?
The median age in Calumet is 39.1 years (Michigan: 40.2).
How long is the commute in Calumet?
The average commute to work in Calumet is 16 minutes; 8.2% of workers work from home.
What is the unemployment rate in Calumet?
The unemployment rate in Calumet is 12% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Calumet?
22.3% of adults in Calumet 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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