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ZipNumbers

Michigan · Census place 17020

Coldwater city, MI

Quick answer

Coldwater city has 13,847 residents, ranking #78 of 745 places in Michigan. Median household income is $50,084, the median home is worth $120,900 and median gross rent runs $912 a month.

Population
13,847Coldwater city residents
Median household income
$50,084Past 12 months, inflation adjusted
Median home value
$120,900Owner-occupied units
Median gross rent
$912Rent plus utilities, monthly
Median age
40.2 yrsAll residents
Homeownership rate
61.3%Owner-occupied households

What the numbers mean in Coldwater city

Housing cost measured against local earnings.

A household earning the Coldwater city median would spend about 21.9% 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 2.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 19.9% of residents and 61.3% 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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