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Rent and HUD income limits in Iron County, MI

Median gross rent of $716 is 27.97% of the $30,714 renter median household income in Iron County. Census median rent as a share of renter household income, beside the official HUD income limits for this county.

Rent-to-income
27.97%
Iron County
Median gross rent
$716
ACS B25064
Renter median income
$30,714
ACS B25119
HUD very low, 4-person
$41,800
Iron County

Iron County figures

Median gross rent$716
Margin of error, median gross rent$114
Renter median household income$30,714
Margin of error, renter median income$3,933
Annual median rent$8,592
Rent-to-income27.97%
HUD very low income limit, 4-person, Iron County$41,800
HUD low income limit, 4-person, Iron County$66,900
HUD area median family income, Iron County$75,300

Method

Rent-to-income equals Census median gross rent (ACS table B25064) times 12, divided by renter median household income (ACS table B25119, renter-occupied column). The percent shown is that ratio rounded half up to the nearest 0.01 percentage point. HUD columns are the FY2026 4-person Very Low (50%) limit and the 4-person Low (80%) limit, plus the HUD area median family income on the same row. When every town row in a county publishes the same three figures, the page stores them once under the county name. When they differ, each town row is stored. A county is left out when median rent or renter income is missing or not positive. Rank is the unrounded ratio, then the county name.

Source: U.S. Census Bureau American Community Survey 2024 5-year, tables B25064 and B25119, as of 2024-07-01 (data years 2020-2024), retrieved 2026-10-09, https://data.census.gov/table/ACSDT5Y2024.B25064, and HUD FY2026 Section 8 income limits effective 2026-05-01, https://www.huduser.gov/portal/datasets/il.html.

Frequently asked questions

What is the rent-to-income ratio in Iron County, MI?

27.97%. Median gross rent is $716 (margin of error $114). Renter median household income is $30,714 (margin of error $3,933).

What is the HUD 4-person very low income limit in Iron County, MI?

Iron County: $41,800 FY2026 Very Low (50%).

What is the HUD 4-person low income limit in Iron County, MI?

Iron County: $66,900 FY2026 Low (80%).