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ZipNumbers

Michigan · Census place 03520

Armada village, MI

Quick answer

Armada village has 1,876 residents, ranking #325 of 745 places in Michigan. Median household income is $110,345, the median home is worth $249,600 and median gross rent runs $1,094 a month.

Population
1,876Armada village residents
Median household income
$110,345Past 12 months, inflation adjusted
Median home value
$249,600Owner-occupied units
Median gross rent
$1,094Rent plus utilities, monthly
Median age
41 yrsAll residents
Homeownership rate
85.7%Owner-occupied households

What the numbers mean in Armada village

Housing cost measured against local earnings.

A household earning the Armada village median would spend about 11.9% 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 2.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6% of residents and 85.7% 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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