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Mackinac Island, Michigan

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
561
Population
$95,000
Median Income
$733,300
Home Value
40.4
Median Age

Demographics

Mackinac Island has a population of 561 with a median age of 40.4. Here is the racial and ethnic breakdown of the population:

White
57.2%
Other
15.5%
Black
14.3%
Hispanic
13.0%
Demographic Value
Total Population561
Median Age40.4
White57.2%
Black or African American14.3%
Hispanic or Latino13.0%
Other / Two or More Races15.5%
Mackinac Island, Michigan — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 57.2%Other: 15.5%Black: 14.3%Hispanic/Latino: 13.0%561PopulationWhiteWhite57.2%OtherOther15.5%BlackBlack14.3%Hispanic/LatinoHispanic/Latino13.0%

Income & Economy

The median household income in Mackinac Island is $95,000, which is 17.9% above the national median of $80,610. The per capita income is $48,923. The poverty rate is 13.1%.

$95,000
Median Household Income
$48,923
Per Capita Income
13.1%
Poverty Rate

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Education

In Mackinac Island, 85.7% of residents age 25+ have a high school diploma or higher, and 41.0% hold a bachelor's degree or higher (9.8% with a graduate or professional degree).

HS Diploma+
85.7%
Bachelor's+
41.0%
Graduate+
9.8%
Education Level % of Adults (25+)
High School Diploma or Higher85.7%
Bachelor's Degree or Higher41.0%
Graduate or Professional Degree9.8%

Housing

The median home value in Mackinac Island is $733,300, above the national median of $303,400. The median monthly rent is $1,197. The homeownership rate is 48.9%.

$733,300
Median Home Value
$1,197/mo
Median Rent
48.9%
Homeownership Rate
Housing Metric Value
Median Home Value$733,300
Median Monthly Rent$1,197
Homeownership Rate48.9%
Vacancy Rate78.7%

Salaries in Michigan

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Frequently Asked Questions

What is the population of Mackinac Island, Michigan?
The population of Mackinac Island, Michigan is 561 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Mackinac Island, Michigan?
The median household income in Mackinac Island, Michigan is $95,000. This is 17.9% above the national median of $80,610.
What is the median home value in Mackinac Island, Michigan?
The median home value in Mackinac Island, Michigan is $733,300. The median monthly rent is $1,197.
What percentage of people in Mackinac Island have a college degree?
In Mackinac Island, Michigan, 41.0% of adults age 25 and older hold a bachelor's degree or higher, and 85.7% have a high school diploma or higher.
Is Mackinac Island, Michigan an affordable place to live?
The home price-to-income ratio in Mackinac Island, Michigan is 7.7x (median home value $733,300 vs. median income $95,000), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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