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Michigan · Census place 13820

Casnovia village, MI

Quick answer

Casnovia village has 394 residents, ranking #584 of 745 places in Michigan. Median household income is $73,750, the median home is worth $151,400 and median gross rent runs $1,111 a month.

Population
394Casnovia village residents
Median household income
$73,750Past 12 months, inflation adjusted
Median home value
$151,400Owner-occupied units
Median gross rent
$1,111Rent plus utilities, monthly
Median age
32.6 yrsAll residents
Homeownership rate
69.2%Owner-occupied households

What the numbers mean in Casnovia village

Housing cost measured against local earnings.

A household earning the Casnovia village median would spend about 18.1% 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 2.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.8% of residents and 69.2% 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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