Living in Port Hope, Michigan
Cost of living, income, home prices, rent and demographics of Port Hope · Census data 2020–2024
Port Hope has 268 residents with a median age of 58. The median household income is $51,563 (29% lower than the Michigan median), the median home value is $88,700.
Port Hope is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Port Hope at a glance
- Population
- 268
- Median age
- 58State: 40.2
- Median household income
- $51,563State: $72,875
- Median home value
- $88,700State: $231,600
- Homeowners
- 95.4%
- Bachelor's degree or higher
- 18.3%
- Average commute
- 29 min
Is Port Hope a good place to live?
Pros: Home values 62% lower than the state median; unemployment of 1%.
Cons: Median household income 29% lower than the Michigan median; an average commute of 29 minutes; a poverty rate of 17.2%.
The weather is best in June to September.
Cost of living in Port Hope
Housing is the biggest part of the cost of living. In Port Hope the median home value is $88,700, 73% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $934 a month in housing costs.
Port Hope median household income
The median household income in Port Hope is $51,563 and the income per person is $35,018. 17.2% of residents live below the poverty line (Michigan: 13.2%).
Housing in Port Hope: homes for sale and rent
- Housing units
- 228
- Owner-occupied
- 95.4%
- Renter-occupied
- 4.6%
- Vacant
- 42.5%Includes seasonal homes
- Median year built
- 1951
- Average household size
- 2.05
42.5% of homes are vacant most of the year, a sign that Port Hope has many vacation and second homes.
Port Hope demographics
- Population
- 268
- Median age
- 58
- Under 18
- 13.1%
- 65 and older
- 31.3%
- Households
- 131
- Foreign-born
- 0.7%
- Veterans
- 9.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Port Hope ›
Education in Port Hope
18.3% of adults 25 and older in Port Hope have a bachelor's degree or higher (Michigan: 32.4%), and 6.4% have a graduate or professional degree.
Jobs and commute in Port Hope
- Unemployment rate
- 1%State: 5.7%
- Average commute
- 29 minState: 24 min
- Work from home
- 19.2%
- Drive alone
- 66.7%
- Public transit
- 0%
- Walk to work
- 6.1%
- Homes with broadband
- 81.7%
Port Hope vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Port Hope | 268 | $51,563 | $88,700 | — |
| Harbor Beach | 1,582 | $40,809 | $116,600 | $554 |
| Kinde | 414 | $49,886 | $94,800 | $725 |
| Port Austin | 699 | $60,288 | $159,100 | $809 |
| Bad Axe | 2,992 | $44,688 | $125,200 | $742 |
| Minden City | 203 | $49,583 | $106,300 | $864 |
| Ubly | 785 | $54,886 | $111,700 | $692 |
| Forestville | 136 | $40,938 | $170,800 | — |
| Elkton | 750 | $48,654 | $92,300 | $909 |
More for people moving to Port Hope
Port Hope ZIP code ›Weather and climate ›Living in Port Hope: FAQ
What is the median household income in Port Hope, MI?
The median household income in Port Hope is $51,563, 29% 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 Port Hope?
The median home value in Port Hope is $88,700, compared with $231,600 in Michigan.
Is Port Hope, MI a good place to live?
Pluses: home values 62% lower than the state median; unemployment of 1%. Minuses: median household income 29% lower than the Michigan median; an average commute of 29 minutes; a poverty rate of 17.2%.
What is the median age in Port Hope?
The median age in Port Hope is 58 years (Michigan: 40.2).
How long is the commute in Port Hope?
The average commute to work in Port Hope is 29 minutes; 19.2% of workers work from home.
What is the unemployment rate in Port Hope?
The unemployment rate in Port Hope is 1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Port Hope?
18.3% of adults in Port Hope 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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