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ZipNumbers

Michigan · Census place 01660

Almont village, MI

Quick answer

Almont village has 2,830 residents, ranking #248 of 745 places in Michigan. Median household income is $81,511, the median home is worth $233,100 and median gross rent runs $889 a month.

Population
2,830Almont village residents
Median household income
$81,511Past 12 months, inflation adjusted
Median home value
$233,100Owner-occupied units
Median gross rent
$889Rent plus utilities, monthly
Median age
43.5 yrsAll residents
Homeownership rate
89.2%Owner-occupied households

What the numbers mean in Almont village

Housing cost measured against local earnings.

A household earning the Almont village median would spend about 13.1% 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 2.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8% of residents and 89.2% 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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