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ZipNumbers

Michigan · Census place 07960

Bessemer city, MI

Quick answer

Bessemer city has 1,778 residents, ranking #332 of 745 places in Michigan. Median household income is $50,792, the median home is worth $76,100 and median gross rent runs $504 a month.

Population
1,778Bessemer city residents
Median household income
$50,792Past 12 months, inflation adjusted
Median home value
$76,100Owner-occupied units
Median gross rent
$504Rent plus utilities, monthly
Median age
50.2 yrsAll residents
Homeownership rate
75.4%Owner-occupied households

What the numbers mean in Bessemer city

Housing cost measured against local earnings.

A household earning the Bessemer city 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 1.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 15.4% of residents and 75.4% 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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