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All about

Houghton, MI

Houghton, Michigan is a small town with approximately 8,000 residents. Young adults (15-24) will find plenty of opportunities, as they account for a larger portion of the population here (51%) than nationally (14%), while middle-aged professionals account for a smaller percentage of the town. With an average age of just under 31, the town's population is notably younger than most cities in Michigan, ranking as the sixth-youngest municipality in the state. By a slim 55%-46% margin, renters hold a slight majority over homeowners in Houghton. At $913 a month, the average rent is roughly on par with the state average.

Compared to the national average (7%), Houghton has a relatively high concentration of residents over the age of 25 with advanced degrees, as 9% have earned a Master's degree or a Doctorate. Furthermore, 9% have a Bachelor's degree. Many Houghton residents work in one of two industries: education and entertainment. Together, these industries account for 21% of the town's labor force. With an average annual income of almost $50,000, Houghton workers take home around $12,000 less than their peers elsewhere in Michigan. Houghton's average income also trails the national average of $73,345.

Houghton's average commute time ranks as one of the best in Michigan at about 13 minutes, 3rd-quickest in the state. Many residents (28%) drive themselves to work, while public transportation isn't used widely. Relatively few commuters (12%) walk to work, though the number is much greater than the national average.

Average Rent in Houghton

Studio1 Bed2 Bed3 Bed
Nov 19$600$1,600
Oct 195001,600
Sep 195001,600
Aug 195001,600
Jun 195001,600
May 195001,600
Apr 191,600
*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

© 2019 RentPath, LLC. All rights reserved. All photos, videos, text and other content are the property of RentPath, LLC. APARTMENT GUIDE and the APARTMENT GUIDE Trade Dress are registered trademarks of RentPath, LLC or its affiliates.

Apple, the Apple logo, iPad, and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc.

Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

Download the ApartmentGuide.com app for Android and iOS