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ZipNumbers

Michigan · Census place 03200

Applegate village, MI

Quick answer

Applegate village has 251 residents, ranking #653 of 745 places in Michigan. Median household income is $62,667, the median home is worth $93,800 and median gross rent runs $1,063 a month.

Population
251Applegate village residents
Median household income
$62,667Past 12 months, inflation adjusted
Median home value
$93,800Owner-occupied units
Median gross rent
$1,063Rent plus utilities, monthly
Median age
41.8 yrsAll residents
Homeownership rate
85.5%Owner-occupied households

What the numbers mean in Applegate village

Housing cost measured against local earnings.

A household earning the Applegate village median would spend about 20.4% 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 1.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14.7% of residents and 85.5% 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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