A typical Powell home is worth roughly $164,000
What kind of housing town is Powell?
Read from the numbers below. The page puts what stands out first.
A typical home costs 3.4 years of income
About the same as across Michigan. Try your own numbers below.
That covers a typical Powell home, with $39K to spare.
A two-bedroom rents for about $1,140 a month here, $220 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Powell’s typical property tax (0.47% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
91% of Powell households own their home
Half of Powell’s homes were built before 1964.
Michigan: 73% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,140
Renters already here pay a median of $850, 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 (Marquette County, MI): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Powell vs. its neighbors
Powell is the least expensive of 5 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Powell | $164K* | — | $1,140 | — | $48,804 |
| Ishpeming | $202K | +8.5% | $1,010 | — | $94,271 |
| Michigamme | $230K | +17.2% | $1,020 | — | $57,321 |
| Champion | $206K | +9.4% | $1,000 | — | $56,250 |
| Arvon | — | — | $970 | 7 | $62,308 |
| Marquette | $343K | +9.4% | $1,220 | — | $57,983 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Powell 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. 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.