housing costs · Michigan
Housing costs in Bay County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $860 | ± $37 | evidence → |
| 2019–2023 | $809 | ± $35 | evidence → |
| 2018–2022 | $786 | ± $31 | evidence → |
| 2017–2021 | $708 | ± $26 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $152,200 | ± $3,642 | evidence → |
| 2019–2023 | $135,100 | ± $5,219 | evidence → |
| 2018–2022 | $125,000 | ± $3,771 | evidence → |
| 2017–2021 | $110,100 | ± $3,262 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 27.9 % | ± 1.1 % | evidence → |
| 2019–2023 | 27.9 % | ± 1.3 % | evidence → |
| 2018–2022 | 28.0 % | ± 1.2 % | evidence → |
| 2017–2021 | 28.1 % | ± 1.1 % | evidence → |
In context
Median rent in Bay County is $860, below the Michigan median of $884 across 83 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.