79 / 100

Calhoun County, MI

RANK #206 / 996  ·  POP 134,011  ·  MI

PROJECTED GROWTH: +2.0%

Calhoun County combines solid growth with real affordability — a rare combination.

[01] Why Calhoun County?

Marshall, the county seat of Calhoun County, Michigan, stands out with its preserved 19th-century architecture and walkable downtown. Located in south-central Michigan, Calhoun County sits along the I-94 corridor, roughly halfway between Detroit and Chicago. This positioning allows for convenient commutes to larger cities like Kalamazoo and Lansing. The community offers a blend of small-town atmosphere and access to natural scenery, including numerous parks, rivers, and trails for outdoor recreation.

Life in Calhoun County offers a balance of rural and urban experiences, with many residents owning their homes. The local economy is supported by manufacturing, healthcare, logistics, and agriculture. Recent investments in renewable energy and advanced manufacturing are reshaping the economic landscape, attracting new businesses and employment opportunities. Educational options include public, private, and charter schools, with institutions like Albion College and Kellogg Community College also present in the county.

[02] Market Snapshot

Housing Ratio
2.5x

Undervalued relative to economy

GDP Growth
+3.1%

Above national median

Home Prices
+3.4%

Outpacing national median

Climate & Terrain
-2.7

Below-average climate & terrain

Price/Rent
10x

Strong rental yield

Housing looks undervalued at 2.5x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Calhoun County U.S. National

The Numbers

DEMOGRAPHICS
Population
134,011
-0.15% YoY
Median Household Income
$58,191
Median Home Value
$138,700
+3.39% 12mo
Median Rent
$897
Average Annual Pay
$64,067
+2.9% YoY
Employment
54,415
+1.6% YoY
Income-to-Home-Value
0.4195
More affordable than average
Migration Inflow
3.47%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$177,000
Days on Market
54
Moderate pace
Months of Supply
2.9
Seller's market
Sale-to-List Ratio
95.6%
Negotiation room for buyers
Sold Above List
13.2%
Listings w/ Price Drops
23.8%
Building Permits (2024)
91
Single-Family Permits
85

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$1,285M
TOTAL
PROJECT AMOUNT STATUS
Alterra Marshall Technology Center (Data Center)
Alterra Development
$500M Planned
Sunfish Solar 2
Consumers Energy and Hecate Energy
$360M Under Construction
Calhoun Solar Energy Center
Invenergy
$200M Operating
Brandt Woods Solar Project
AES Clean Energy (Michigan Public Power Agency is a purchaser)
$125M Operating
Liberty Crossing Energy Storage Center
Invenergy
$70M Proposed
Duncan Aviation Expansion
Duncan Aviation
$30M Completed

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +3.1% 58 percentile
Population Growth -0.1% 23 percentile
Income Growth +9.2% 67 percentile
Vacancy Rate 1.8% 13 percentile
Home Price Change +3.4% 76 percentile
Rent Growth +5.1% 81 percentile
Price/Rent 10x 90 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Calhoun County, MI a good place to move to?

Calhoun County has a Boom Town Index score of 79/100, ranking #206 among 996 U.S. counties. With job growth at +1.6% and a median household income of $58,191, it's an above-average county on economic indicators.

Is Calhoun County affordable?

The median home value in Calhoun County is $138,700 with median rent at $897/month. The income-to-home-value ratio is 0.4195, which is more affordable than the national average.

Is Calhoun County growing or shrinking?

Population growth: -0.1% year-over-year. Job growth: +1.6%. Home values changed +3.4% in the past 12 months.

Are people moving to Calhoun County?

Yes — 3.47% of Calhoun County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Grant County, IN 89 Lenawee County, MI 89 Ontario County, NY 89 Greater Bridgeport Planning Region, CT 89 Putnam County, NY 89 Allegan County, MI 89 Herkimer County, NY 89 Lebanon County, PA 89