Housing data for Watersmeet Township, MI
Watersmeet Township, MI has an estimated 1,041 residents and 1,481 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a township in Gogebic County.
5.5% of households rent.
The median gross rent is $425 a month.
Its population shrank measurably since 2015–2019 (−18.1%).
Figures last updated on .
- Residents
- 1,041 (±151)
- Housing units
- 1,481 (±127)
- Households that rent
- 5.5%
- Median gross rent
- $425
- Residents since 2015–2019
- −18.1%
What stands out in Watersmeet Township
Median home value: $264,800 (±$78,253) in Watersmeet Township, higher than in Gogebic County ($107,200).
Median real estate taxes: $2,793 (±$684) in Watersmeet Township, higher than in Gogebic County ($1,535).
Households that rent: 5.5% (±3.8 points) in Watersmeet Township, lower than in Gogebic County (19.0%).
Homes in buildings of 5 or more units: 0.0% (±3.5 points) in Watersmeet Township, lower than in Gogebic County (5.4%).
- Home values in Watersmeet Township
- Property taxes in Watersmeet Township
- Types of homes in Watersmeet Township
Housing in Watersmeet Township at a glance
- Median rent: $425 median gross rent a month (Small sample: wide margin of error)
- Rent burden: 38.9% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 5.5% of households rent (Small sample: wide margin of error)
- Income and affordability: $72,708 median household income
- Home values: $264,800 median home value
- Homeowner costs: $1,582 median monthly cost with a mortgage
- Property taxes: $2,793 median real estate taxes a year
- Types of homes: 0.0% of homes are in buildings of 5 or more units
- Bedrooms: 48.2% of homes have 3 or more bedrooms
- Age of homes: 52.9% of homes were built before 1980
- Vacancy rate: 18.9% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 65.9% heat with propane
- Commute and cars: 22.3 minutes average trip to work
- Growth: −18.1% residents since 2015–2019
- How long people stay: 14.0% moved in since 2020
- Crowding and facilities: 0.0% of homes have more than 1 person per room (Small sample: wide margin of error)
Watersmeet Township against Gogebic County, its state and the nation
| Watersmeet Township | Gogebic County | Michigan | United States | |
|---|---|---|---|---|
| Residents | 1,041 (±151) | 14,319 (exact) | 10,077,761 (exact) | 334,922,499 |
| Housing units | 1,481 (±127) | 10,394 (±34) | 4,622,236 (±795) | 143,775,355 |
| Households that rent | 5.5% (±3.8 points) | 19.0% (±2.8 points) | 26.8% (±0.2 points) | 34.8% |
| Median gross rent | $425 (±$170) | $623 (±$44) | $1,129 (±$4) | $1,413 |
| Median household income | $72,708 (±$17,267) | $52,732 (±$3,913) | $72,875 (±$293) | $80,734 |
| Median home value | $264,800 (±$78,253) | $107,200 (±$6,245) | $231,600 (±$642) | $332,700 |
| Median real estate taxes (a year) | $2,793 (±$684) | $1,535 (±$111) | $2,904 (±$9) | $3,119 |
| Built before 1980 | 52.9% (±8.2 points) | 78.7% (±4.5 points) | 62.1% (±0.2 points) | 49.7% |
| Average commute | 22.3 minutes (±6.0) | 19.1 minutes (±1.8) | 24.2 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 77.2% (±9.4 points) | 85.9% (±2.2 points) | 90.5% (±0.1 points) | 91.0% |
| Median age of residents | 61.2 years (±3.6) | 51.2 years (±1.0) | 40.2 years (±0.1) | 38.9 years |
Watersmeet Township covers 254.9 square miles of land, about 4 residents per square mile (Census Bureau Gazetteer).
How Watersmeet Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 1,271 (±136) | 1,041 (±151) | −18.1% | Measurable decrease |
| Housing units | 1,704 (±64) | 1,481 (±127) | −13.1% | Measurable decrease |
| Median gross rent | $525 (±$208) | $425 (±$170) | −19.0% | No measurable change after inflation |
| Median home value | $200,000 (±$39,850) | $264,800 (±$78,253) | +32.4% | No measurable change after inflation |
| Median household income | $41,875 (±$7,775) | $72,708 (±$17,267) | +73.6% | Up after inflation |
| Median owner cost with a mortgage | $1,234 (±$172) | $1,582 (±$476) | +28.2% | No measurable change after inflation |
| Median real estate taxes | $2,288 (±$571) | $2,793 (±$684) | +22.1% | No measurable change after inflation |
| Households that rent | 22.3% (±5.9 points) | 5.5% (±3.8 points) | −16.8 percentage points | Measurable decrease |
| Rental vacancy rate | 0.0% (±16.7 points) | 18.9% (±16.2 points) | +18.9 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
ZIP codes in Watersmeet Township
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 49969 | 100% | 1,000 | $425 | $247,300 | $67,188 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Watersmeet Township
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Haight Township | 11 mi | $406 | $170,000 | 14.0% |
| Town of Land O'Lakes | 11 mi | $608 | $283,300 | 11.7% |
| Town of Conover | 14 mi | $888 | $273,600 | 11.6% |
| Interior Township | 15 mi | — | $92,000 | 12.3% |
| Town of Phelps | 16 mi | $805 | $240,100 | 8.8% |
| Stambaugh Township | 16 mi | $1,150 | $188,100 | 5.2% |
| McMillan Township (Ontonagon County) | 17 mi | — | $113,400 | 12.1% |
| Town of Plum Lake | 20 mi | — | $285,000 | 4.5% |
Places in Michigan most like Watersmeet Township
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Silver Creek Township | $537 | $255,100 | $80,894 | 10.4% |
| Drummond Township | $408 | $273,200 | $67,232 | 5.7% |
| Portage Township | $517 | $213,800 | $81,667 | 7.5% |
| Friendship Township | $542 | $354,000 | $90,833 | 8.3% |
| Churchill Township | $444 | $178,600 | $65,521 | 9.3% |
| Nelson Township | $569 | $253,300 | $66,735 | 6.6% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Michigan.
HUD Fair Market Rent for Watersmeet Township, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $706 | $816 | $1,014 | $1,404 | $1,495 |
HUD income limits for Watersmeet Township, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $17,600 | $29,300 | $46,850 |
| 2 people | $21,640 | $33,450 | $53,550 |
| 3 people | $27,320 | $37,650 | $60,250 |
| 4 people | $33,000 | $41,800 | $66,900 |
| 5 people | $38,680 | $45,150 | $72,300 |
| 6 people | $44,360 | $48,500 | $77,650 |
| 7 people | $50,040 | $51,850 | $83,000 |
| 8 people | $55,200 | $55,200 | $88,350 |
These are the limits HUD sets for its housing programs in the Gogebic County, MI, where HUD’s median family income for fiscal year 2026 is $70,500.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Watersmeet Township
What is the median household income in Watersmeet Township?
The median household income in Watersmeet Township is $72,708 (±$17,267) a year (2020–2024 American Community Survey).
What is the average home value in Watersmeet Township, MI?
The Census Bureau publishes the median: $264,800 (±$78,253) for owner-occupied homes in Watersmeet Township (2020–2024 American Community Survey).
What is the average mortgage payment in Watersmeet Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Watersmeet Township, MI is $1,582 (±$476) a month, including taxes, insurance and utilities.
How much are property taxes in Watersmeet Township?
The median real estate tax paid by homeowners in Watersmeet Township, MI is $2,793 (±$684) a year (2020–2024 American Community Survey).
How many homes are in Watersmeet Township?
Watersmeet Township, MI has an estimated 1,481 (±127) housing units, occupied and vacant (2020–2024 American Community Survey).
What is the most common home size in Watersmeet Township?
The most common size is 2 bedrooms, 37.3% of homes in Watersmeet Township, MI.
Is Watersmeet Township growing?
In Watersmeet Township, the number of residents went from 1,271 in 2015–2019 to 1,041 in 2020–2024 (−18.1%), a measurable decrease.
What ZIP codes are in Watersmeet Township?
The ZIP code that covers Watersmeet Township is 49969.
What is the median rent in ZIP code 49969?
The median gross rent in ZIP Code Tabulation Area 49969 is $425 (±$170) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Watersmeet township, Gogebic County, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Watersmeet township, Gogebic County, Michigan
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Watersmeet township, Gogebic County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Watersmeet township, Gogebic County, Michigan
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Watersmeet township, Gogebic County, Michigan
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Watersmeet township, Gogebic County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Watersmeet township, Gogebic County, Michigan
- HUD Fair Market Rents, fiscal year 2027: Gogebic County, MI
- HUD Income Limits, fiscal year 2026: Gogebic County, MI
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Watersmeet township, Gogebic County, Michigan (county subdivision:84380, in state:26 county:053).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .