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
Compare with nearby places
Places of similar size in Michigan.
- New Troy CDP 379
- Rothbury village 377
- Luther village 375
- Powers village 370
- Eastport CDP 369
- Vandalia village 369
- Grand Beach village 368
Keep going
More Michigan coverage.