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ZipNumbers

Michigan · Census place 00480

Advance CDP, MI

Quick answer

Advance CDP has 372 residents, ranking #594 of 745 places in Michigan. Median household income is $93,438, the median home is worth $549,600 and median gross rent runs $1,188 a month.

Population
372Advance CDP residents
Median household income
$93,438Past 12 months, inflation adjusted
Median home value
$549,600Owner-occupied units
Median gross rent
$1,188Rent plus utilities, monthly
Median age
62.4 yrsAll residents
Homeownership rate
92.8%Owner-occupied households

What the numbers mean in Advance CDP

Housing cost measured against local earnings.

A household earning the Advance CDP median would spend about 15.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 5.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.7% of residents and 92.8% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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