Home / Home Buying by state / Michigan / Keweenaw County / Ahmeek

Buying a home in Ahmeek, Michigan

The typical owner-occupied home in Ahmeek is worth about $90,400, 61% below the Michigan median of $231,600 and 73% below the national median of $332,700. Owners pay a median $613 a year in property taxes, about 0.68% of their home's value, lower than the Michigan rate of 1.25%. The median household earns $41,250 a year, so the median home costs 2.2 times the median income (3.2 times for Michigan). 88% of occupied homes here are lived in by their owners, and 51% of those owners still have a mortgage.

Ahmeek at a glance

Ahmeek Michigan U.S.
Median home value $90,400 $231,600 $332,700
Median property tax paid per year $613 $2,904 $3,119
Property tax as a share of value 0.68% 1.25% 0.94%
Median household income $41,250 $72,875 $80,734
Homes lived in by their owners 88% 73% 65%
Owner homes with a mortgage 51% 58% 61%
Median monthly costs, owners with a mortgage $629 $1,569 $1,963
Those costs as a share of the owners' income 12.5% 19.3% 21.0%
Median rent – $1,129 $1,413
Median year homes were built 1938 1972 1980
Vacant homes 44.8% 11.8% 10.1%
Population 93 10,077,761 334,922,499

What a typical home costs per month in Ahmeek

At this week's average 30-year rate of 7.11%, buying the median Ahmeek home of $90,400 with 20% down costs about $575 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $726, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $24,660 for the 20%-down payment. That payment is 17% of the median Ahmeek household income of $41,250; at that income and 20% down, the 28% guideline points to a home of about $151,000.

20% down, 30-year conventional loan
Down payment$18,080
Loan amount$72,320
Principal and interest$486
Property taxes (0.68% a year)$51
Homeowners insurance (our estimate, 0.5% a year)$38
PMI$0
Total per month$575

Change the numbers in the calculator

3.5% down, 30-year FHA loan
Down payment$3,164
Loan amount$88,763
Principal and interest$597
Property taxes (0.68% a year)$51
Homeowners insurance (our estimate, 0.5% a year)$38
FHA mortgage insurance$40
Total per month$726

Change the numbers in the calculator

Questions about home buying in Ahmeek

What is the median home value in Ahmeek?

About $90,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Ahmeek?

Homeowners pay a median $613 a year, which is about 0.68% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Ahmeek?

For the median home with 20% down at 7.11%, the payment is about $575 a month. Keeping that under 28% of gross income takes about $24,660 a year.

More about Ahmeek

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data