A typical Baraga home is worth roughly $115,000
No new homes were permitted in 2009.
What kind of housing town is Baraga?
Read from the numbers below. The page puts what stands out first.
A typical home costs 2.6 years of income
Less than across Michigan (3.7 years). Try your own numbers below.
That covers a typical Baraga home, with $43K to spare.
A two-bedroom rents for about $1,000 a month here, $250 more than owning.
How Baraga ranks on affordability →
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Baraga’s typical property tax (1.52% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,000
Renters already here pay a median of $495, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Baraga County, MI): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
No new homes permitted in 2009
No permits for new homes were issued in Baraga in 2009. The last year with any was 2007 (10 new homes).
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 10 | 10 | 0 | $1.4 million |
| 2006 | 13 | 13 | 0 | $1.8 million |
| 2005 | 14 | 14 | 0 | $1.9 million |
| 2004 | 14 | 14 | 0 | $1.8 million |
| 2003 | 18 | 18 | 0 | $2.2 million |
| 2002 | 10 | 10 | 0 | $1.2 million |
| 2001 | 18 | 18 | 0 | $2 million |
| 2000 | 22 | 22 | 0 | $2.4 million |
Baraga's permit office didn't report to the Census in 2009, so the 2009 figures are Census estimates.
How Baraga ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
50% of Baraga households own their home
Half of Baraga’s homes were built before 1973.
Michigan: 73% own.
U.S. Census Bureau, American Community Survey 2020-2024.
Neighbors talk housing
What Baraga buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.