Stephenson, Michigan.
Typical home $187,619 (+6.0% in a year). Marinette, WI-MI metro.
to buy the typical home at today's mortgage rate — +$570 (+137%) since Jan 2020.
- 1 year
- Up $10,675 +6%
- $176,944$187,619 since Sep 2025
- 5 years
- Up $44,310 +31%
- $143,309$187,619 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.
- Stephenson$985
- Michigan$1,384
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in Stephenson, MI rose 6.0% over the past year — faster than the nation's +1.2%.
Living in Stephenson, Menominee County, Michigan
Stephenson is a city of 816 people in Menominee County. Half its households earn more than $44,600 a year and half less, against $56,435 across Menominee County; 16% of its people live below the poverty line. 73% of its homes are lived in by their owners and 27% are rented. Unemployment in Menominee County was 4.1% in August 2026, and the county had 0.5% fewer jobs in 2025 than the year before. The most residents work in manufacturing, then schools and health care.
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 It can be wrong or out of date.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. Stephenson is a small city in Menominee County, on Michigan's Upper Peninsula, where most homes are lived in by their owners. Incomes run below the county's, and few adults hold a four-year degree. Winters are cold, with January the coldest month, while summers are pleasantly warm, with July the warmest.
Work. Residents work mostly in manufacturing, in schools, hospitals and social care, in professional and business services, and in government. Across Menominee County, some of the largest workplaces are Caterpillar Fluid Transfer Solutions in Menominee, L.E. Jones Company and Enstrom Helicopter. The trip to work is a fairly long one, and a small number of people work from home.
Things to do. Close by, the Little Cedar River is a short drive away, and so is the DeYoung Family Zoo. For a longer outing, Wells State Park is a protected area a longer drive away, and Lake Noquebay offers water and shoreline, also a longer drive away.
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- 376households
- 16%of adults have a degree
- 16%below the poverty line
- 26 mintypical commute
- 9%work from home
What residents work in
Employed residents by industry, from the Census survey. Menominee County had 7,115 jobs in 2025, 0.5% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 27° and lows near 5°; warmest in July, with highs near 81° and lows near 54°.
Average daily high and low, 1991–2020, at the Stephenson 5WSW weather station, 5 miles away (NOAA).
Largest workplaces in Menominee County
- Caterpillar Fluid Transfer Solutions - MenomineeFluid power hose assemblies manufacturing439
- L.E. Jones CompanyGasoline engine parts, mechanical, automotive and truck, manufacturing377
- Menominee Area Public SchoolsSchool district199FTE
- Enstrom HelicopterAircraft manufacturing157
- Advanced Blending SolutionsPlastics working machinery manufacturing113
- Jack's Fresh Market107
- Fibrek Recycling U.SPulp manufacturing without making paper100
- Wendricks TrussTrusses, wood roof or floor, manufacturing82
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 24 workplaces with 20 or more staff, 2,091 people in all across the county; Stephenson has two 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
- Cold wavesVery high
- LightningRelatively high
- Inland floodingRelatively high
- HailRelatively moderate
- Winter weatherrelatively high in parts of StephensonRelatively moderate
- Strong windRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Stephenson’s census tracts, against the rest of the country; all of them together, relatively moderate. 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 Menominee County and the Marinette, WI-MI metro.
Stephenson home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Stephenson$187,619
- 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.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Stephenson12
New listings per month
Sellers arriving at the market.
- Stephenson5
Zip codes with a Stephenson address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Stephenson — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zillow publishes no zip-level series with this city on the address.