Updated
Real Estate Investing in Leelanau County, MI
Leelanau County, MI real estate market data — demographics, home values, and investor context.
22,607
Population
$91,943
Median Income
$406,900
Median Home Value
91%
Owner-Occupied
Leelanau County, MI Demographics
US Census ACS 5-year estimates. Demographic context drives rent, home value, and absentee-ownership patterns — here's what the numbers say about Leelanau County, MI.
| Population | 22,607 |
|---|---|
| Median age | 55.3 |
| Median household income | $91,943 |
| Median home value | $406,900 |
| Median gross rent | $1,223 |
|---|---|
| Rent burden | 25.8% |
| Owner-occupied units | 8,548 |
| Renter-occupied units | 891 |
Why Investors Target Leelanau County, MI
Leelanau County, MI is home to 22,607 residents with a median age of 55.3 years. Households earn a median income of $91,943, against a median home value of $406,900 and a median gross rent of $1,223. Roughly 91% of occupied homes are owner-occupied, with the remainder rented — a key signal for absentee-owner and rental investors. Renters here spend a median of 25.8% of household income on gross rent.
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