Ontonagon County, Michigan has a 2026 one-unit conforming loan limit of $832,750, which is 7.5 times the county's median home value of $111,700, so a typical home there can be financed with a conforming (non-jumbo) loan; median household income is $54,398 (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) | $111,700 |
| Michigan median home value | $231,600 |
| Limit ÷ median home value | 7.46× |
| Median household income | $54,398 |
| Median home value ÷ income | 2.1× |
| Population | 5,850 |
| Median property tax paid (owners) | $1,294 |
| Effective property tax rate (approx.) | 1.16% |
| Owner-occupied homes | 87.1% |
| Home value rank in Michigan | 81 of 83 counties |
| Neighbor: Gogebic County, MI | limit $832,750; median home $107,200 |
| Neighbor: Houghton County, MI | limit $832,750; median home $159,900 |
| Neighbor: Iron County, MI | limit $832,750; median home $109,100 |
| Neighbor: Keweenaw County, MI | limit $832,750; median home $169,800 |
| Neighbor: Cook County, MN | limit $832,750; median home $336,200 |
| Neighbor: Ashland County, WI | limit $832,750; median home $170,300 |
Across Michigan's 83 counties, FHFA's 2026 one-unit limits are $832,750 everywhere. Ontonagon County's median home value is 52% below the state median of $231,600 (rank 81 of 83). Among its 6 neighboring counties, Cook County has the highest median home value ($336,200) and Gogebic County the lowest ($107,200); all share the same loan limit. Owners pay a median $1,294 a year in property tax, an effective rate of about 1.16% 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
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- 2026 conforming loan limit: Ontario County, NY
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- 2026 conforming loan limit: Orange County, FL
- 2026 conforming loan limit: Orange County, IN
- 2026 conforming loan limit: Orange County, NC
- 2026 conforming loan limit: Orange County, NY
Last updated 2026-10-16. Data only, not financial or tax advice.