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
Compare with nearby places
Places of similar size in Michigan.
Keep going
More Michigan coverage.