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ZipNumbers

Michigan · Census place 05500

Baroda village, MI

Quick answer

Baroda village has 934 residents, ranking #451 of 745 places in Michigan. Median household income is $65,160, the median home is worth $153,600 and median gross rent runs $1,013 a month.

Population
934Baroda village residents
Median household income
$65,160Past 12 months, inflation adjusted
Median home value
$153,600Owner-occupied units
Median gross rent
$1,013Rent plus utilities, monthly
Median age
40.8 yrsAll residents
Homeownership rate
85.4%Owner-occupied households

What the numbers mean in Baroda village

Housing cost measured against local earnings.

A household earning the Baroda village median would spend about 18.7% 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 2.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7.4% of residents and 85.4% 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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