Michigan · Census place 04160
Augusta village, MI
Quick answer
Augusta village has 726 residents, ranking #489 of 745 places in Michigan. Median household income is $58,958, the median home is worth $135,200 and median gross rent runs $816 a month.
- Population
- 726Augusta village residents
- Median household income
- $58,958Past 12 months, inflation adjusted
- Median home value
- $135,200Owner-occupied units
- Median gross rent
- $816Rent plus utilities, monthly
- Median age
- 36.9 yrsAll residents
- Homeownership rate
- 60.8%Owner-occupied households
What the numbers mean in Augusta village
Housing cost measured against local earnings.
A household earning the Augusta village median would spend about 16.6% 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 6.1% of residents and 60.8% 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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