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Ingham County, MI

RANK #286 / 1001 NAT  ·  #20 / 36 MI  ·  POP 283,913

1YR FORECAST: +1.9%

5YR OUTLOOK: +32%

#35 Most Undervalued
Our model projects above-average housing market growth for Ingham County at +1.9% over the next year.

[01] Why Ingham County?

Home to Michigan State University, Ingham County offers a blend of academic energy and community living in Mid-Michigan. The county seat is Mason, though Lansing, the state capital, is largely within Ingham County, a unique arrangement as Lansing is not its own county seat. Commuting within the county is facilitated by the Capital Area Transportation Authority (CATA), which provides fixed routes, curb-to-curb services, and specialized transportation options. Residents can enjoy outdoor activities like hiking, biking, fishing, and winter sports at various parks, including Burchfield Park and Lake Lansing North.

Life in Ingham County appeals to a mix of families, young professionals, and those connected to Michigan State University. The public school districts, such as Okemos, East Lansing, and Williamston, are recognized for their quality. The economy is diverse, with significant employment in educational services and healthcare. Recent economic developments include investments in advanced manufacturing and medical technology, alongside initiatives to address affordable housing.

MARKET PROFILE

Heartland Steady Growth

Ingham County is one of 145 U.S. counties in this market profile — weaker than typical on the BoomTown Index. Within this cohort, its recent home-price change of +3.5% runs below the profile's typical +4.9%.

See all 145 Heartland Steady Growth counties →

[02] Market Snapshot

Housing Ratio
5.1x

Below national median (11.3x)

Home Prices
+3.5%

Outpacing national median

Climate & Terrain
-3.4

Harsh climate or flat terrain

Price/Rent
13x

Below national median (15x)

Housing is fairly valued at 5.1x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Michigan State University Education
    25,000+
  2. 2
    State of Michigan Government
    10,000+
  3. 3
    Sparrow Health System Healthcare
    5,000+
  4. 4
    General Motors Manufacturing
    2,500+
  5. 5
    McLaren Greater Lansing Healthcare
  6. 6
    Jackson National Life Insurance Co. Finance
  7. 7
    Auto-Owners Insurance Group Finance
  8. 8
    Peckham Inc. Other
  9. 9
    Dart Container Corp. Manufacturing
    1,000+
  10. 10
    Lansing Community College Education

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Ingham County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
283,913
+0.67% YoY
Median Household Income
$65,526
Median Home Value
$198,800
+3.46% 12mo
Median Rent
$1,084
Average Annual Pay
$71,017
+3.6% YoY
Employment
155,294
-0.1% YoY
Income-to-Home-Value
0.3296
More affordable than average
Migration Inflow
6.85%
of pop. from another state
Bachelor's Degree+
41.2%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$215,000
Days on Market
31
Active market
Months of Supply
2.3
Seller's market
Sale-to-List Ratio
100.2%
Homes selling above asking
Sold Above List
50.2%
Listings w/ Price Drops
23.1%
Building Permits (2025)
558
Single-Family Permits
252

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

[05] Crime & Safety

C
SAFETY
GRADE
Homicide Rate
6.7
per 100K · nat avg 6.3
Firearm Fatalities
13.2
per 100K · nat avg 14.8
Injury Deaths
94.7
per 100K · nat avg 76.3
vs National Average
Near national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
44.0
Good
Good Air Days
62%
669 of 1,086 days
Unhealthy+ Days (3yr)
11
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
46
2022
43
2023
43
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$400M
TOTAL
PROJECT AMOUNT STATUS
Ingham County Solar Project
Undisclosed Developer (filed with MPSC)
$150M Proposed
Acceleration Solar Project
Ranger Power
$100M Proposed
T B Simon Power Plant (Natural Gas)
Michigan State University
$50M Operating
Kalamink Wind Project
Apex Clean Energy
$50M Proposed
Holmes & Pleasant Grove Housing Development
Ingham County Land Bank
$50M Planned

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

[08] Score Breakdown

Population Growth +0.7% 52 percentile
Income Growth +1.8% 27 percentile
Vacancy Rate 1.5% 19 percentile
Home Price Change +3.5% 72 percentile
Rent Growth +4.8% 75 percentile
Price/Rent 13x 74 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

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

With a Boom Town Index score of 71/100, Ingham County sits in the upper half of all 1001 ranked counties. and median household income stands at $65,526 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in MI.

Is Ingham County affordable?

Housing in Ingham County is roughly in line with national affordability norms. The median home costs $198,800 and the income-to-home-value ratio sits at 0.33, with rents averaging $1,084/month. Not a bargain, but not a stretch for most local earners either.

Is Ingham County growing or shrinking?

Ingham County's population is growing — up +0.7% YoY — while the job market is roughly flat (employment change of -0.1%). Home values shifted +3.5% over the past year. In-migration is outpacing local hiring, which often points to remote workers or retirees driving the headcount.

Are people moving to Ingham County?

In significant numbers — 6.85% of Ingham County's current population relocated from another state, well above the national norm. That level of in-migration usually signals a county where jobs, affordability, or quality of life are pulling people in from elsewhere.

[10] Similar Counties by Size & Score

Eaton County, MI 71 St. Joseph County, MI 73 Marquette County, MI 69 Van Buren County, MI 75 Monroe County, MI 67 St. Clair County, MI 76 Imperial County, CA 71 Brown County, WI 72