States · Michigan · Alcona County

Mikado, Michigan.

Typical home $165,489 (+6.7% in a year).

What it costs per month · Mikado $869/mo

to buy the typical home at today's mortgage rate — +$471 (+119%) since Jan 2020.

What the home itself did
1 year
Up $10,327 +7%
$155,162$165,489 since Sep 2025
5 years
Up $34,000 +26%
$131,489$165,489 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 Mikado $869 Michigan $1,384 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • Mikado$869
  • Michigan$1,384
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 15 years.

Typical home values in Mikado, MI rose 6.7% over the past year — faster than the nation's +1.2%.

Living in Mikado, Alcona County, Michigan

Mikado is a township of 850 people in Alcona County. Half its households earn more than $50,461 a year and half less, against $54,993 across Alcona County; 9% of its people live below the poverty line. 93% of its homes are lived in by their owners and 7% are rented. Unemployment in Alcona County was 7.2% in August 2026, and the county had 2.6% more jobs in 2025 than the year before. The most residents work in schools and health care, then transport and warehouses.

People 850 in the 2020 census
Household income $50,461 the median, give or take $8,627 · Alcona County: $54,993
Unemployment 7.2% Alcona County, August 2026; 7.5% a year before
Homes 93% lived in by their owners; 7% rented

Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.

What it’s like

The place. Mikado is a small township in Alcona County, Michigan, where nearly everyone who lives here owns their home. Incomes run a little below the county's as a whole, and few adults hold a four-year degree. Winters are cold and snowy, with January the coldest month, and summers are warm without being hot.

Work. Residents work mostly in schools, hospitals and social care, followed by transport, warehouses and utilities, shops, and manufacturing. Across Alcona County, some of the largest workplaces are Alcona Community Schools, Alcona Citizens for Health and Atrium Centers. The typical commute is fairly long, and very few people work from home.

Things to do. Van Etten Lake is a lake a short drive away, and it is the closest of the nearby waters. A longer drive brings you to Hubbard Lake, another lake, and to Harrisville State Park, a protected area. Huron National Forest, also a longer drive away, offers more room to walk and explore.

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  • 361households
  • 9%of adults have a degree
  • 9%below the poverty line
  • 28 mintypical commute
  • 2%work from home

What residents work in

  • Schools, hospitals and social care21%
  • Transport, warehouses and utilities15%
  • Shops (retail)14%
  • Manufacturing10%
  • Building trades10%
  • Farming, forestry and mining10%

Employed residents by industry, from the Census survey. Alcona County had 1,533 jobs in 2025, 2.6% more than the year before (Bureau of Labor Statistics).

Weather through the year

Average daily high and low for each month: coldest in January, 27° and 9°; warmest in July, 79° and 54° 0° 20° 40° 60° 80° J 27° 9° F M A M J J 79° 54° A S O N D
Average daily high and low for each month: coldest in January, 27° and 9°; warmest in July, 79° and 54° 0° 20° 40° 60° 80° J 27° 9° F M A M J J 79° 54° A S O N D

Coldest in January, with highs near 27° and lows near 9°; warmest in July, with highs near 79° and lows near 54°. About 41 inches of snow and 32 inches of rain and melted snow a year.

Average daily high and low, 1991–2020, at the Glennie 2SE weather station, 9 miles away (NOAA).

Largest workplaces in Alcona County

  1. Harvard Maintenance Inc of MichiganBuilding cleaning services, janitorial144
  2. Alcona CountyCounty commissioners114
  3. Alcona Community SchoolsSchool district98FTE
  4. Alcona Citizens for HealthFamily physicians' offices76
  5. Atrium CentersHomes for the elderly with nursing care36
  6. Eagle Ridge RanchGolf and country clubs31
  7. Alcona County Road CommissionSurfacing, highway, road, street, bridge or airport runway29

Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 6 workplaces with 20 or more staff, 430 people in all across the county; Mikado has none of its own. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.

Natural hazards

  1. LightningRelatively moderate

FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms across Alcona County, against the rest of the country; all of them together, very low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.

From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Alcona County.

Mikado home values

Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.

$100,000 $200,000 $300,000 2018 2020 2022 2024 2026 Mikado $165,489 Michigan $263,760 United States $366,157
$100,000 $200,000 $300,000 2018 2022 2026
  • Mikado$165,489
  • Michigan$263,760
  • United States$366,157

When this market ran hot

Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.

JFMAMJJASOND
2026
2025
2024
2023
2022
2021
2020
2019
2018
falling flat warming hot overheating runaway

Market heat, inside the city limits

Homes for sale

Active for-sale inventory. More supply hands power to buyers.

5 6 7 8 9 2026 Mikado 9
5 6 7 8 9 2026
  • Mikado9

New listings per month

Sellers arriving at the market.

Not enough data to draw this yet.

Zip codes with a Mikado address

A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Mikado — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.

Zip codes in Mikado