St. Ignace: Housing & Real Estate
The median St. Ignace home is valued at $132,200 (estimated market value runs 8% higher at $142,851), with median rent $607 (1.2× below Mackinac County median $749; 1.7× below Michigan median $1,027). Homeownership rate: 64.5%. That's 1.2× below the Mackinac County median ($157,000); 1.6× below the Michigan median ($206,419). Market is warm. Vacancy rate 17.6%. New construction makes up 1.6% of stock. A municipal building code is in effect.
- 2.0× annual income — home value vs. household income (vs Michigan 2.8×).
- 18.1 years to break even renting at the median (vs Michigan 17y).
- 4-BR rent is 1.9× a studio — rent gradient by unit size.
- Median rent 40% below HUD 2-BR FMR — local market vs federal subsidy benchmark.
Home Values & Rent
Median home value $132,200 — 0.6× the Michigan median ($206,419). Median rent $607/month. homeownership rate 64.5% — near the U.S. share of ~65%.
| Affordability · Price To Income Ratio | 2.0× |
|---|---|
| Affordability · Rent To Income Pct | 11.3% |
| Affordability · Affordable | Yes |
| Affordability · Interpretation | very affordable |
| Fair Market Rent · Studio rent | $775 |
| Fair Market Rent · One-bedroom rent | $780 |
| Fair Market Rent · Two-bedroom rent | $1,023 |
| Fair Market Rent · Three-bedroom rent | $1,227 |
| Fair Market Rent · Four-bedroom rent | $1,451 |
| Fair Market Rent · HUD FMR area | Mackinac County, MI |
| Fair Market Rent · Fiscal year | FY2026 |
| Home Value Estimate | $142,851 |
| Median Home Value | $132,200 (vs Michigan $206,419) |
| Median Rent | $607 (vs Michigan $1,027) |
Sources: HUD FMR FY2026 · Census ACS 5-Year 2023, B25077 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Tenure & Occupancy
Owner-occupied vs renter-occupied housing units, plus vacancy rates.
| Housing Market · Market temperature | warm |
|---|---|
| Housing Market · Vacancy rate | 17.6% |
| Housing Market · New construction (% of stock) | 1.6% |
| Housing Market · Price Appreciation 2Yr | 3.4% |
Utilities
Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).
Systems (1)
| Broadband · % of premises with 25/3 Mbps broadband | 100.0% |
|---|---|
| Broadband · % of premises with 100/20 Mbps broadband | 100.0% |
| Broadband · % of premises with 250/25 Mbps broadband | 100.0% |
| Broadband · % of premises with 1 Gbps / 100 Mbps broadband | 95.6% |
| Broadband · Broadband-capable premises | 1,984 |
| Electricity · Electricity rate (¢/kWh) | 19.30¢/kWh |
| Electricity · Customers | 4,516,367 |
| Electricity · Revenue Millions | $6,466 |
| Electricity · Year | 2024 |
| Mobile Broadband · 3G mobile coverage | 0% |
| Mobile Broadband · 4G mobile coverage | 97% |
| Mobile Broadband · 5G mobile coverage | 97% |
Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · Refreshed 2026-04-12
Charging & Mobility
| Ev Charging · Stations | 3 |
|---|---|
| Ev Charging · Public Stations | 3 |
| Ev Charging · L2 Ports | 6 |
Sources: DOE AFDC API
Other
| Homeownership Rate | 64.5% |
|---|---|
| Median Year Built | 1965 |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12