Michigamme, MI 49861 has a population of approximately 540 and experiences a population change rate of 5.68%. The population density is 2.8 / sq mi .
Michigamme, MI 49861 has a population of approximately 540 and experiences a population change rate of 5.68%. The population density is 2.8 / sq mi .
The median household income for Michigamme, MI 49861 is $57,813, with 224 households and an average household size of 2.26.
The median value of a home in Michigamme, MI 49861 is $190,000 with an appreciation rate of 23.10%. 32.27% of housing in the state is owned while 1.67% is rented.
The cost of living in Michigamme, MI 49861 is 96.6 %.
The unemployment rate in Michigamme, MI 49861 is 4.60%, and recent job growth is at 3.18%. Future job growth is projected at 37.76%.
The sales tax rate in Michigamme, MI 49861 is 6.00%, while the income tax rate is 4.25% .
School expenditures in Michigamme, MI 49861 are $12,275, and the school ratio is 16.5:1.
The average high temperature in July is 76.6 degrees, with an average low temperature in January of 1.9 degrees. The average rainfall is approximately 33.2 inches per year, with 174.7 inches of snow per year.