Leelanau County, MI
FIPS: 26089
Median HAM
13.2x
High
Jul 2023
Minimum HAM
30.6x
Very High
Jan 2026
HAM Burden
No data
Not enough historical data to show a trend chart for this county.
Economic Profile
BEA GDP data (2024)
GDP Per Capita
$50,738
National avg: ~$82,000
Total GDP
$1.1B
Thousands of current $
Population
22,301
2020 Census
Top Industries by GDP
Real estate and rental and leasing30.8%
Government and government enterprises15.3%
Construction9.1%
Accommodation and food services6.9%
Health care and social assistance5.8%
Data Breakdown
Median HAM
Data as of Jul 2023
Median Home Price
$406,900
Census ACS
Gross Median Income
$37,818
Census ACS
Net Median Income
$30,764
Calculated
Median HAM
13.23x
Minimum HAM
Data as of Jan 2026
Median Home Price
$640,125
Redfin
Min Wage (Hourly)
$12.00/hr
State labor data
Net Min Wage Income
$20,954
Calculated
Minimum HAM
30.55x
Methodology: HAM = Home Price / Net Annual Income. Net income assumes single filer, standard deduction, 2,080 hrs/yr for minimum wage. Federal + state tax + FICA deducted. Home price source priority: Zillow ZHVI > Redfin > Census ACS.