Pellston, Michigan.
Typical home $235,245 (+6.0% in a year).
to buy the typical home at today's mortgage rate — +$680 (+123%) since Jan 2020.
- 1 year
- Up $13,389 +6%
- $221,856$235,245 since Sep 2025
- 5 years
- Up $34,201 +17%
- $201,045$235,245 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.
- Pellston$1,235
- Michigan$1,384
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 22 years.
Typical home values in Pellston, MI rose 6.0% over the past year — faster than the nation's +1.2%.
Living in Pellston, Emmet County, Michigan
Pellston is a village of 774 people in Emmet County. Half its households earn more than $66,875 a year and half less, against $78,112 across Emmet County; 18% of its people live below the poverty line. 70% of its homes are lived in by their owners and 30% are rented. Unemployment in Emmet County was 4.1% in August 2026, and the county had 0.7% more jobs in 2025 than the year before. The most residents work in schools and health care, then restaurants and hotels.
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 It can be wrong or out of date.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. Pellston is a small village in Emmet County, Michigan, home to a small community. Incomes here run below the county's, and more residents live below the poverty line than you might expect in a community this size. Most homes are lived in by their owners, and fewer adults hold a four-year degree than in many other places. Winters are cold and snowy, with January the coldest month and highs staying below freezing, while summers are mild and pleasant, with July the warmest.
Work. Many residents work in schools, hospitals and social care, or in restaurants, hotels and entertainment, with others in shops and other services. The commute is a fairly typical one, and few people work from home. Across Emmet County, some of the largest workplaces are McLaren Northern Michigan, a general hospital, Public Schools of Petoskey, and Walmart. Unemployment in the county is a little lower than a year ago, and the number of jobs there has edged up.
Things to do. Burt Lake and Douglas Lake are both lakes a short drive away, and the Maple River, a river, is close by as well. For a longer outing, Fort Mackinac is a historic fort a longer drive away, and Wilderness State Park is a protected area of shoreline and woods, also a longer drive away. Together they give the area plenty of water and open country to explore through the seasons.
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- 309households
- 16%of adults have a degree
- 18%below the poverty line
- 25 mintypical commute
- 4%work from home
What residents work in
Employed residents by industry, from the Census survey. Emmet County had 17,859 jobs in 2025, 0.7% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 27° and lows near 9°; warmest in July, with highs near 79° and lows near 53°. About 30 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Pellston Regional Airport weather station, a mile away (NOAA).
Largest workplaces in Emmet County
- Mclaren Northern MichiganGeneral hospital755FTE
- Public Schools of PetoskeySchool district339FTE
- WalmartWarehouse clubs and supercenters294
- MeijerRetail243
- Inn at Bay HarborHotels, resort, without casinos229
- MantheiHardwood veneer or plywood manufacturing164
- Yazaki Northern MichiganContacts, electrical, manufacturing153
- Bay Bluffs Emmet County Medical Care FacilitySkilled nursing facilities143
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 42 workplaces with 20 or more staff, 4,112 people in all across the county; Pellston has one of its own. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts 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
- Cold wavesRelatively high
- Inland floodingRelatively moderate
- LightningRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Pellston’s census tracts, against the rest of the country; all of them together, relatively 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 Emmet County.
Pellston home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Pellston$235,245
- Michigan$263,760
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
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.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Pellston6
Zip codes with a Pellston address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Pellston — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.