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ZipNumbers

Michigan · Census place 03740

Ashley village, MI

Quick answer

Ashley village has 440 residents, ranking #563 of 745 places in Michigan. Median household income is $53,750, the median home is worth $105,000 and median gross rent runs $875 a month.

Population
440Ashley village residents
Median household income
$53,750Past 12 months, inflation adjusted
Median home value
$105,000Owner-occupied units
Median gross rent
$875Rent plus utilities, monthly
Median age
50.1 yrsAll residents
Homeownership rate
67.8%Owner-occupied households

What the numbers mean in Ashley village

Housing cost measured against local earnings.

A household earning the Ashley village median would spend about 19.5% 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 2.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 17.4% of residents and 67.8% 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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