84 / 100

Shiawassee County, MI

RANK #159 / 1001 NAT  ·  #9 / 36 MI  ·  POP 67,991

1YR FORECAST: +2.6%

5YR OUTLOOK: +34%

Our model projects Shiawassee County's housing market to grow +2.6% over the next year, significantly outpacing the national average.

[01] Why Shiawassee County?

Shiawassee County, Michigan, distinguishes itself with Curwood Castle in Owosso, a unique landmark modeled after Norman chateaus and once home to adventure novelist James Oliver Curwood. Located in the heart of Michigan, the county is roughly halfway between Lansing and Flint. Its communities offer a relaxed pace of life, with the Shiawassee River, meaning "sparkling waters," winding through the area and providing opportunities for canoeing, kayaking, and fishing. The county also features over 200 acres of parkland for outdoor recreation.

Life in Shiawassee County often appeals to families and individuals seeking a balance between rural charm and access to larger cities. Commute options include personal vehicles, with I-69 running through the county, and a reservation-based public transportation system, SATA, serving residents. The county has eight public school districts, including New Lothrop Area Public Schools and Laingsburg Community Schools. Recent economic developments show investment in manufacturing and efforts to support local entrepreneurs. The Shiawassee Economic Development Partnership focuses on growing existing companies and attracting new businesses, with a particular emphasis on workforce and real estate development, including housing in downtown Owosso.

MARKET PROFILE

Heartland Steady Growth

Shiawassee County is one of 145 U.S. counties in this market profile — near the profile average on the BoomTown Index. Within this cohort, its recent home-price change of +5.2% matches the profile's typical +4.9%.

See all 145 Heartland Steady Growth counties →

[02] Market Snapshot

Housing Ratio
13.8x

Overvalued relative to economy

Home Prices
+5.2%

Outpacing national median

Climate & Terrain
-3.5

Harsh climate or flat terrain

Price/Rent
16x

Above national median (15x)

Housing looks overvalued at 13.8x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Crest Marine Manufacturing
    250+
  2. 2
    BAZCO ENTERPRISES Other
    100+
  3. 3
    Memorial Healthcare Healthcare
    8
  4. 4
    Baker College Professional Services Education
    4

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

[04] Home Value Growth vs National

Shiawassee 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
67,991
-0.1% YoY
Median Household Income
$67,404
Median Home Value
$171,600
+5.16% 12mo
Median Rent
$899
Average Annual Pay
$54,419
+5.9% YoY
Employment
15,490
-0.3% YoY
Income-to-Home-Value
0.3928
More affordable than average
Migration Inflow
3.04%
of pop. from another state
Bachelor's Degree+
20.0%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$198,300
Days on Market
26
Active market
Months of Supply
1.4
Seller's market
Sale-to-List Ratio
99.7%
Near asking price
Sold Above List
41.7%
Listings w/ Price Drops
26.1%
Building Permits (2025)
71
Single-Family Permits
55

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

[05] Crime & Safety

B-
SAFETY
GRADE
Firearm Fatalities
10.9
per 100K · nat avg 14.8
Injury Deaths
78.8
per 100K · nat avg 76.3
vs National Average
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] Capital Investment

$1,285M
TOTAL
PROJECT AMOUNT STATUS
Assembly Solar Farm (Phases I, II, and III)
D. E. Shaw Renewable Investments (DESRI) and Ranger Power
$450M Completed
Carland Wind Project
Apex Clean Energy
$315M Proposed
CORNELL - LAYTON 138.0kV Wind Project
Undisclosed
$250M Planned
Bell Solar-plus-Storage Project
Arevon
$170M Planned
Apple Blossom Battery Energy Storage System (BESS)
Innergex Renewable Energy
$100M Proposed

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

[07] Score Breakdown

Population Growth -0.1% 18 percentile
Income Growth +4.6% 86 percentile
Vacancy Rate 0.9% 56 percentile
Home Price Change +5.2% 87 percentile
Price/Rent 16x 43 percentile

Bars show percentile rank among all 1001 counties.

[08] Frequently Asked Questions

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

Shiawassee County ranks #159 out of 1001 U.S. counties on the Boom Town Index with a score of 84/100, placing it in the top tier nationally. Median household income is $67,404 and the underlying growth metrics (housing, migration, income) hold up against peer counties.

Is Shiawassee County affordable?

By national standards, Shiawassee County is quite affordable. Homes here have a median value of $171,600, and the income-to-home-value ratio of 0.39 is well above the U.S. average — especially with median rent at just $899/month. Residents can generally buy a home without being cost-burdened.

Is Shiawassee County growing or shrinking?

Population and employment in Shiawassee County are both close to flat — population -0.1% YoY and jobs -0.3%. Home values shifted +5.2% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are people moving to Shiawassee County?

There's a moderate stream of newcomers. About 3.04% of residents moved from another state, which is above average and suggests Shiawassee County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

How is the housing market in Shiawassee County?

Home values climbed +5.2% year-over-year, which is a solid pace of appreciation. The median home in Shiawassee County is now valued at $171,600. That kind of growth typically reflects sustained demand rather than speculative frenzy.

[09] Similar Counties by Size & Score

Lapeer County, MI 84 Saginaw County, MI 85 Genesee County, MI 83 Montcalm County, MI 86 Barry County, MI 82 Berrien County, MI 87 Darlington County, SC 84 Crawford County, AR 84