Living in Onaway, Michigan
Cost of living, income, home prices, rent and demographics of Onaway · Census data 2020–2024
Onaway has 674 residents with a median age of 50.3. The median household income is $41,622 (43% lower than the Michigan median), the median home value is $69,800.
Onaway is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Onaway at a glance
- Population
- 674
- Median age
- 50.3State: 40.2
- Median household income
- $41,622State: $72,875
- Median home value
- $69,800State: $231,600
- Homeowners
- 65.6%
- Bachelor's degree or higher
- 8%
- Average commute
- 29 min
Is Onaway a good place to live?
Pros: Home values 70% lower than the state median.
Cons: Median household income 43% lower than the Michigan median; an average commute of 29 minutes; unemployment of 14.7%; a poverty rate of 23.4%.
The weather is best in June to September.
Cost of living in Onaway
Housing is the biggest part of the cost of living. In Onaway the median home value is $69,800, 79% lower than the U.S. median. Renters pay a median of — per month, which is 42.8% of household income. Homeowners with a mortgage pay $854 a month in housing costs.
Onaway median household income
The median household income in Onaway is $41,622 and the income per person is $25,352. 23.4% of residents live below the poverty line (Michigan: 13.2%).
Housing in Onaway: homes for sale and rent
- Housing units
- 448
- Owner-occupied
- 65.6%
- Renter-occupied
- 34.4%
- Vacant
- 16.3%Includes seasonal homes
- Median year built
- 1953
- Average household size
- 1.79
Onaway demographics
- Population
- 674
- Median age
- 50.3
- Under 18
- 12.6%
- 65 and older
- 24.6%
- Households
- 375
- Foreign-born
- 2.1%
- Veterans
- 9.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Onaway ›
Education in Onaway
8% of adults 25 and older in Onaway have a bachelor's degree or higher (Michigan: 32.4%), and 2.6% have a graduate or professional degree.
Jobs and commute in Onaway
- Unemployment rate
- 14.7%State: 5.7%
- Average commute
- 29 minState: 24 min
- Work from home
- 4.2%
- Drive alone
- 75.3%
- Public transit
- 0%
- Walk to work
- 2.8%
- Homes with broadband
- 77.3%
Onaway vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Onaway | 674 | $41,622 | $69,800 | — |
| Tower | 275 | $56,250 | $94,800 | $850 |
| Millersburg | 137 | $53,281 | $84,300 | — |
| Canada Creek Ranch | 381 | $76,107 | $207,100 | — |
| Wolverine | 265 | $67,500 | $89,000 | — |
| Indian River | 2,039 | $62,140 | $314,100 | — |
| Rogers City | 2,878 | $49,266 | $110,200 | $675 |
| Cheboygan | 4,820 | $42,290 | $123,200 | $683 |
| Atlanta | 758 | $42,936 | $100,200 | $699 |
More for people moving to Onaway
Onaway ZIP code ›Weather and climate ›Living in Onaway: FAQ
What is the median household income in Onaway, MI?
The median household income in Onaway is $41,622, 43% 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 Onaway?
The median home value in Onaway is $69,800, compared with $231,600 in Michigan.
Is Onaway, MI a good place to live?
Pluses: home values 70% lower than the state median. Minuses: median household income 43% lower than the Michigan median; an average commute of 29 minutes; unemployment of 14.7%; a poverty rate of 23.4%.
What is the median age in Onaway?
The median age in Onaway is 50.3 years (Michigan: 40.2).
How long is the commute in Onaway?
The average commute to work in Onaway is 29 minutes; 4.2% of workers work from home.
What is the unemployment rate in Onaway?
The unemployment rate in Onaway is 14.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Onaway?
8% of adults in Onaway 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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