Cheboygan County, Michigan has a 2026 one-unit conforming loan limit of $832,750, which is 4.3 times the county's median home value of $192,500, so a typical home there can be financed with a conforming (non-jumbo) loan; median household income is $62,875 (FHFA; Census ACS 2020–2024).
Data as of 2026. Source: FHFA 2026 conforming loan limits; U.S. Census Bureau ACS 2020–2024
| Item | Value |
|---|---|
| 1-unit limit (2026) | $832,750 |
| 2-unit limit | $1,066,250 |
| 3-unit limit | $1,288,800 |
| 4-unit limit | $1,601,750 |
| Median home value (ACS 2020–24) | $192,500 |
| Michigan median home value | $231,600 |
| Limit ÷ median home value | 4.33× |
| Median household income | $62,875 |
| Median home value ÷ income | 3.1× |
| Population | 25,865 |
| Median property tax paid (owners) | $1,704 |
| Effective property tax rate (approx.) | 0.89% |
| Owner-occupied homes | 85.6% |
| Home value rank in Michigan | 33 of 83 counties |
| Neighbor: Charlevoix County, MI | limit $832,750; median home $276,800 |
| Neighbor: Emmet County, MI | limit $832,750; median home $315,700 |
| Neighbor: Mackinac County, MI | limit $832,750; median home $174,500 |
| Neighbor: Montmorency County, MI | limit $832,750; median home $158,600 |
| Neighbor: Otsego County, MI | limit $832,750; median home $219,700 |
| Neighbor: Presque Isle County, MI | limit $832,750; median home $151,300 |
Across Michigan's 83 counties, FHFA's 2026 one-unit limits are $832,750 everywhere. Cheboygan County's median home value is 17% below the state median of $231,600 (rank 33 of 83). Among its 6 neighboring counties, Emmet County has the highest median home value ($315,700) and Presque Isle County the lowest ($151,300); all share the same loan limit. Owners pay a median $1,704 a year in property tax, an effective rate of about 0.89% of home value.
County data: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (tables B25077, B19013, B01003, B25103, B25003). Neighbors: Census county adjacency file.
Related
- 2026 conforming loan limit: Chautauqua County, NY
- 2026 conforming loan limit: Chaves County, NM
- 2026 conforming loan limit: Cheatham County, TN
- 2026 conforming loan limit: Chelan County, WA
- 2026 conforming loan limit: Chemung County, NY
- 2026 conforming loan limit: Chenango County, NY
- 2026 conforming loan limit: Cherokee County, AL
- 2026 conforming loan limit: Cherokee County, GA
Last updated 2026-10-16. Data only, not financial or tax advice.