Living in Oscoda, Michigan
Cost of living, income, home prices, rent and demographics of Oscoda · Census data 2020–2024
Oscoda has 654 residents with a median age of 54.9. The median household income is $46,801 (36% lower than the Michigan median), the median home value is $86,500, the median rent is $522/month.
Oscoda is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Oscoda at a glance
- Population
- 654
- Median age
- 54.9State: 40.2
- Median household income
- $46,801State: $72,875
- Median home value
- $86,500State: $231,600
- Median rent
- $522/moState: $1,129
- Homeowners
- 76.6%
- Bachelor's degree or higher
- 29.5%
- Average commute
- 12 min
Is Oscoda a good place to live?
Pros: Home values 63% lower than the state median; an average commute of 12 minutes.
Cons: Median household income 36% lower than the Michigan median; a poverty rate of 18.5%.
The weather is best in June to September.
Cost of living in Oscoda
Housing is the biggest part of the cost of living. In Oscoda the median home value is $86,500, 74% lower than the U.S. median. Renters pay a median of $522 per month, which is 26.8% of household income. Homeowners with a mortgage pay $834 a month in housing costs.
Oscoda median household income
The median household income in Oscoda is $46,801 and the income per person is $44,795. 18.5% of residents live below the poverty line (Michigan: 13.2%).
Housing in Oscoda: homes for sale and rent
- Housing units
- 643
- Owner-occupied
- 76.6%
- Renter-occupied
- 23.4%
- Vacant
- 35.5%Includes seasonal homes
- Median year built
- 1962
- Average household size
- 1.53
35.5% of homes are vacant most of the year, a sign that Oscoda has many vacation and second homes.
Oscoda demographics
- Population
- 654
- Median age
- 54.9
- Under 18
- 8.1%
- 65 and older
- 29.8%
- Households
- 415
- Foreign-born
- 1.2%
- Veterans
- 6.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Oscoda ›
Education in Oscoda
29.5% of adults 25 and older in Oscoda have a bachelor's degree or higher (Michigan: 32.4%), and 9.8% have a graduate or professional degree.
Jobs and commute in Oscoda
- Unemployment rate
- 0%State: 5.7%
- Average commute
- 12 minState: 24 min
- Work from home
- 5.3%
- Drive alone
- 86.5%
- Public transit
- 0%
- Walk to work
- 1.8%
- Homes with broadband
- 89.9%
Oscoda vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Oscoda | 654 | $46,801 | $86,500 | $522 |
| Au Sable | 1,643 | $42,431 | $113,600 | $915 |
| East Tawas | 2,675 | $42,450 | $130,200 | $608 |
| Tawas City | 1,614 | $46,014 | $138,000 | $806 |
| Harrisville | 489 | $36,050 | $118,800 | $698 |
| Sand Lake | 1,348 | $58,162 | $157,500 | $692 |
| Lincoln | 225 | $37,679 | $125,000 | $732 |
| Lost Lake Woods | 458 | $71,806 | $173,300 | — |
| Whittemore | 492 | $33,214 | $80,900 | $481 |
More for people moving to Oscoda
Oscoda ZIP code ›Weather and climate ›Living in Oscoda: FAQ
What is the median household income in Oscoda, MI?
The median household income in Oscoda is $46,801, 36% 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 Oscoda?
The median home value in Oscoda is $86,500, compared with $231,600 in Michigan.
How much is rent in Oscoda?
The median gross rent in Oscoda is $522 per month, about 26.8% of household income.
Is Oscoda, MI a good place to live?
Pluses: home values 63% lower than the state median; an average commute of 12 minutes. Minuses: median household income 36% lower than the Michigan median; a poverty rate of 18.5%.
What is the median age in Oscoda?
The median age in Oscoda is 54.9 years (Michigan: 40.2).
How long is the commute in Oscoda?
The average commute to work in Oscoda is 12 minutes; 5.3% of workers work from home.
What is the unemployment rate in Oscoda?
The unemployment rate in Oscoda is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Oscoda?
29.5% of adults in Oscoda 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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