1st Advantage MortgageIn Menominee County, Michigan, the typical household earns $56,435 a year and the typical rent is $692. Whatever your own numbers, compare written offers on APR, fees and total cost, and verify the lender is licensed in Michigan before sharing details.
On this page
- A quick profile of Menominee County
- The Menominee County job picture
- What Menominee County households earn
- Rent, home values and ownership in Menominee County
- Towns and communities in Menominee County
- Regional comparison for Menominee County
- Room for a loan payment in Menominee County
- Menominee County residents: age, schooling, coverage
- Borrowing situations common in Menominee County
- Checking a lender's license in Michigan
- Four steps for Menominee County borrowers
- Nearby and statewide guides
- Frequently asked questions
A quick profile of Menominee County
Menominee County is home to about 23,247 people, according to the Census Bureau's 2020 to 2024 American Community Survey, which makes it the 61st most populous of 83 county-level areas in Michigan. Spread over 1,044 square miles, that works out to roughly 22.3 residents per square mile. It sits outside every metropolitan statistical area in the July 2023 OMB delineation. The Census Bureau counts 6 places in the county (5 incorporated, 1 census-designated); the largest is Menominee, with about 8,326 residents, or 36% of the county.
The Menominee County job picture
By the Census industry count, 29% of employed Menominee County residents work in manufacturing and 18% in education and health care. Manufacturing stands out: 29% of workers here, versus 18% statewide. ACS puts five-year average unemployment at 4.2% in Menominee County. Long commutes are the exception here: 12% of workers spend 45 minutes or longer getting to work.
| Industry (employed residents 16+) | Menominee County | Gap to Michigan |
|---|---|---|
| Manufacturing | 29.2% | +11.0 pts |
| Education and health care | 17.8% | -5.5 pts |
| Retail trade | 11.3% | +0.5 pts |
| Arts, lodging and food service | 7.9% | -0.6 pts |
| Public administration | 5.4% | +1.8 pts |
| Construction | 5.4% | -0.5 pts |
If your hours swing with the season or with overtime, size a loan payment against your base pay, not your best month.
What Menominee County households earn
The median household income in Menominee County is $56,435; statewide it is $72,875, so Menominee County runs 23% below Michigan as a whole.
| Households earning | Menominee County | +/- vs Michigan |
|---|---|---|
| Under $35,000 | 29.2% | +6.1 pts |
| $35,000 to $99,999 | 46.8% | +5.4 pts |
| $100,000 to $199,999 | 20.2% | -5.7 pts |
| $200,000 or more | 3.8% | -5.8 pts |
Some 29% of households here live on less than $35,000 a year; 24% have six-figure incomes. Census counts 12.2% of Menominee County residents in poverty, against 13.2% across Michigan. Income inequality, measured by the Gini index, comes to 0.433 here. None of these numbers decides a Menominee County application. Lenders weigh your own documented income against your own debts.
Rent, home values and ownership in Menominee County
Renters in Menominee County pay a median of $692 a month, 39% below the Michigan figure of $1,129. 46% of renting households spend 30% or more of income on rent, and 26% spend half or more. With a median value of $151,800, a typical Menominee County house costs 2.7 times what the median household earns in a year. The ownership rate is 81%. Half the housing stock was built before 1970.
| Menominee County | Michigan | U.S. county median | |
|---|---|---|---|
| Median gross rent | $692/mo | $1,129/mo | $877/mo |
| Median home value | $151,800 | $231,600 | $185,300 |
| Owners | 81% | 73% | 75% |
| Rent-burdened renters | 46% | 50% | 45% |
| Burdened owners | 22% | 23% | n/a |
| Mobile homes | 7.5% | 5.0% | n/a |
Owners with equity have a second option. Weigh a secured line against an unsecured loan by risk as well as cost before you choose (how they compare).
Towns and communities in Menominee County
The table lists the 6 largest of 6 Census places in Menominee County, by population. Together all 6 hold about 10,605 people, so roughly 54% of residents live outside any named place. Hermansville has the highest median household income on the list ($66,964) and Stephenson the lowest ($44,600), counting places with at least 500 residents. Rent is cheapest in Hermansville ($334) and steepest in Menominee ($735). Live in one of these Menominee County communities, or between them? This is your local guide.
| Community | Type | Residents | Household income (median) | Rent (median) | Distance |
|---|---|---|---|---|---|
| Menominee | city | 8,326 | $49,432 | $735 | 29 mi |
| Stephenson | city | 902 | $44,600 | $688 | 10 mi |
| Hermansville | CDP | 666 | $66,964 | $334 | 13 mi |
| Powers | village | 360 | $35,417 | $394 | 11 mi |
| Carney | village | 177 | $48,750 | $890 | 5 mi |
| Daggett | village | 174 | $48,500 | $938 | 7 mi |
Regional comparison for Menominee County
Distances run center to center, from Marinette County at 27 miles out to Oconto County at 51. Income ranges from $57,809 in Delta County to $75,049 in Oconto County; all six of these neighbors top Menominee County's median. Some neighbors are in Wisconsin. Lender licensing is state by state, so a loan for a Menominee County resident follows Michigan rules.
| Adjacent area | How far | HH income (median) | Rent (median) | Owner share |
|---|---|---|---|---|
| Menominee County | - | $56,435 | $692/mo | 81% |
| Marinette County, WI | 27 mi | $63,809 | $795/mo | 82% |
| Delta County, MI | 34 mi | $57,809 | $692/mo | 82% |
| Dickinson County, MI | 37 mi | $65,156 | $797/mo | 82% |
| Door County, WI | 38 mi | $74,795 | $1,086/mo | 78% |
| Florence County, WI | 49 mi | $61,086 | $750/mo | 91% |
| Oconto County, WI | 51 mi | $75,049 | $791/mo | 85% |
Room for a loan payment in Menominee County
The debt-to-income ratio is the main affordability test lenders use. Applied to Menominee County's medians:
- $56,435 a year is $4,703 of gross monthly income
- Less median rent of $692, which is 15% of it
- With a 35% ceiling, about $954 remains for car, card, student and any new loan payments
- 45% debt-to-income limit: $1,424 left for all other debt payments
Two-income households and single earners in Menominee County land in very different places on this math, so run it for your own budget.
Menominee County residents: age, schooling, coverage
Degree holders: 19% of adults over 25. About 4% go without health insurance.
| People and households | Menominee County | Michigan | Median county |
|---|---|---|---|
| Median age | 49.6 | 40.2 | 41.5 |
| Bachelor's or higher | 18.5% | 32.4% | 22.2% |
| No high school diploma | 7.2% | 7.9% | n/a |
| No health insurance | 4.1% | 4.9% | 7.8% |
| No vehicle | 6.9% | 7.0% | 5.4% |
| Work from home | 7.9% | 13.5% | 8.7% |
| Poverty rate | 12.2% | 13.2% | 13.2% |
| Unemployment (ACS) | 4.2% | 5.7% | 4.4% |
| One-way commute | Share of Menominee County workers |
|---|---|
| Under 15 min | 45.8% |
| 15 to 29 min | 27.6% |
| 30 to 44 min | 14.5% |
| 45 to 59 min | 5.1% |
| 60+ min | 6.9% |
Borrowing situations common in Menominee County
The county's numbers point to a few situations that come up often for Menominee County borrowers.
- Benefit income. With half of residents older than 50, lenders often see pension and Social Security income, which counts like wages.
- 46% rent-burdened. A payment on top of high rent needs a cushion; size it with the calculator.
- Getting ready. Gather pay stubs or benefit letters before you apply (checklist).
Checking a lender's license in Michigan
Before sharing details with a lender, a Menominee County resident can confirm its license with the Michigan Department of Insurance and Financial Services. Banks and credit unions have their own regulators, and the CFPB takes complaints about any lender. The Michigan guide covers state rules in more detail.
Four steps for Menominee County borrowers
A short checklist for Menominee County borrowers:
- Get a written quote for whatever you are paying for in Menominee County.
- Compare the total repaid on every offer, not just the payment.
- A Michigan license check takes minutes; do it first.
- Read the final agreement; it must match the offer.
Nearby and statewide guides
For statewide rules and data, see the Michigan guide.
Frequently asked questions
How much do households in Menominee County earn?
The median is $56,435; 24% earn $100,000 or more and 29% under $35,000. A lender uses your own documented income, not this figure.
How does Menominee County rent compare with Michigan?
$692 locally versus $1,129 for the state, 39% below.
Should Menominee County homeowners use home equity instead?
Maybe, but weigh the risk: 81% of Menominee County homes are owner-occupied, and a home-equity loan or line is secured by the house while a personal loan usually is not.
What are the biggest places in Menominee County?
By population: Menominee, Stephenson, Hermansville, Powers, Carney. The county has 6 Census places in all.
Will a Menominee County address affect my match?
Beyond confirming Michigan as your state, no. Your answers about amount, credit, income and payments are all that count.