Michigan · Census place 15140
Chesaning village, MI
Quick answer
Chesaning village has 2,411 residents, ranking #273 of 745 places in Michigan. Median household income is $57,426, the median home is worth $123,900 and median gross rent runs $679 a month.
- Population
- 2,411Chesaning village residents
- Median household income
- $57,426Past 12 months, inflation adjusted
- Median home value
- $123,900Owner-occupied units
- Median gross rent
- $679Rent plus utilities, monthly
- Median age
- 44.3 yrsAll residents
- Homeownership rate
- 68.4%Owner-occupied households
What the numbers mean in Chesaning village
Housing cost measured against local earnings.
A household earning the Chesaning village median would spend about 14.2% 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 2.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 15% of residents and 68.4% 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.
- Reed City city 2,505
- Newaygo city 2,486
- Charlevoix city 2,420
- St. Ignace city 2,409
- Hudson city 2,385
- Spring Arbor CDP 2,385
- Bridgman city 2,383
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