Baraga County, Michigan home prices
Typical home $177,789 · +14.6% in a year · property tax 1.22%
The typical home in Baraga County is worth $177,789, 33% less than the Michigan typical home ($263,760). Values changed +14.6% in the past year and +24.4% over five years. Homeowners here pay a median 1.22% of their home's value in property tax each year ($2,162 on the typical home), versus 1.17% statewide.
Mortgage on the typical Baraga County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $35,558 | $142,232 | $957 | $0 | $269 | $1,226 | $52,500 |
| 10% down | $17,779 | $160,011 | $1,076 | $67 | $269 | $1,412 | $60,500 |
| 5% down | $8,889 | $168,900 | $1,136 | $70 | $269 | $1,476 | $63,200 |
| 3.5% down (FHA) | $6,223 | $174,569 | $1,174 | $79 | $269 | $1,522 | $65,200 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.22% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Michigan.
Michigan counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Crawford County | $179,733 | +3.1% | 1.06% |
| Wayne County | $175,631 | +0.8% | 1.63% |
| Gratiot County | $180,252 | +6.2% | 1.24% |
| Dickinson County | $180,433 | +4.4% | 1.27% |
| Ogemaw County | $180,468 | +6.0% | 0.95% |
| Saginaw County | $175,096 | +5.4% | 1.49% |
| Montmorency County | $174,570 | +2.5% | 0.86% |
| Iosco County | $172,299 | +4.4% | 0.96% |
| Menominee County | $184,675 | +5.3% | 1.01% |
| Arenac County | $170,538 | +8.7% | 1.13% |
Frequently asked questions
What is the average home price in Baraga County, MI?
The typical home value in Baraga County is $177,789 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Baraga County?
About $52,500 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Baraga County?
The median effective rate is 1.22% of home value a year (Census ACS 2024 5-year estimates).