Michigan · Census place 14260
Cement City village, MI
Quick answer
Cement City village has 584 residents, ranking #529 of 745 places in Michigan. Median household income is $50,750, the median home is worth $100,900 and median gross rent runs $888 a month.
- Population
- 584Cement City village residents
- Median household income
- $50,750Past 12 months, inflation adjusted
- Median home value
- $100,900Owner-occupied units
- Median gross rent
- $888Rent plus utilities, monthly
- Median age
- 37.4 yrsAll residents
- Homeownership rate
- 77.9%Owner-occupied households
What the numbers mean in Cement City village
Housing cost measured against local earnings.
A household earning the Cement City village median would spend about 21% 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 2.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 25.3% of residents and 77.9% 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.
- Suttons Bay village 587
- Trufant CDP 586
- Addison village 585
- Tekonsha village 579
- Bancroft village 571
- Martin village 570
- Bay Port CDP 558
Keep going
More Michigan coverage.