Living in Painesdale, Michigan
Cost of living, income, home prices, rent and demographics of Painesdale · Census data 2020–2024
Painesdale has 416 residents with a median age of 31. The median household income is $63,750 (13% lower than the Michigan median), the median home value is $92,800.
Painesdale is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Painesdale at a glance
- Population
- 416
- Median age
- 31State: 40.2
- Median household income
- $63,750State: $72,875
- Median home value
- $92,800State: $231,600
- Homeowners
- 96.4%
- Bachelor's degree or higher
- 23.3%
- Average commute
- 13 min
Is Painesdale a good place to live?
Pros: Home values 60% lower than the state median; an average commute of 13 minutes.
Cons: Median household income 13% lower than the Michigan median; a poverty rate of 13.3%.
The weather is best in June to September.
Cost of living in Painesdale
Housing is the biggest part of the cost of living. In Painesdale the median home value is $92,800, 72% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $934 a month in housing costs.
Painesdale median household income
The median household income in Painesdale is $63,750 and the income per person is $30,475. 13.3% of residents live below the poverty line (Michigan: 13.2%).
Housing in Painesdale: homes for sale and rent
- Housing units
- 217
- Owner-occupied
- 96.4%
- Renter-occupied
- 3.6%
- Vacant
- 23%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.49
Painesdale demographics
- Population
- 416
- Median age
- 31
- Under 18
- 31.7%
- 65 and older
- 11.5%
- Households
- 167
- Foreign-born
- 0%
- Veterans
- 3.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Painesdale ›
Education in Painesdale
23.3% of adults 25 and older in Painesdale have a bachelor's degree or higher (Michigan: 32.4%), and 13.3% have a graduate or professional degree.
Jobs and commute in Painesdale
- Unemployment rate
- 0%State: 5.7%
- Average commute
- 13 minState: 24 min
- Work from home
- 15%
- Drive alone
- 74.5%
- Public transit
- 0%
- Walk to work
- 8.5%
- Homes with broadband
- 98.2%
Painesdale vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Painesdale | 416 | $63,750 | $92,800 | — |
| Trimountain | 196 | $44,673 | $104,000 | — |
| South Range | 482 | $58,542 | $101,100 | $817 |
| Atlantic Mine | 491 | $55,481 | $103,500 | — |
| Hurontown | 134 | $61,354 | — | — |
| Chassell | 899 | $54,148 | $167,600 | — |
| Houghton | 8,474 | $43,456 | $254,500 | $978 |
| Hancock | 4,574 | $59,519 | $165,600 | $835 |
| Dollar Bay | 1,049 | $61,250 | $153,100 | $825 |
More for people moving to Painesdale
Painesdale ZIP code ›Weather and climate ›Living in Painesdale: FAQ
What is the median household income in Painesdale, MI?
The median household income in Painesdale is $63,750, 13% 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 Painesdale?
The median home value in Painesdale is $92,800, compared with $231,600 in Michigan.
Is Painesdale, MI a good place to live?
Pluses: home values 60% lower than the state median; an average commute of 13 minutes. Minuses: median household income 13% lower than the Michigan median; a poverty rate of 13.3%.
What is the median age in Painesdale?
The median age in Painesdale is 31 years (Michigan: 40.2).
How long is the commute in Painesdale?
The average commute to work in Painesdale is 13 minutes; 15% of workers work from home.
What is the unemployment rate in Painesdale?
The unemployment rate in Painesdale is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Painesdale?
23.3% of adults in Painesdale 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.
Last updated: