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ZipNumbers

Michigan · Census place 17320

Coloma city, MI

Quick answer

Coloma city has 1,051 residents, ranking #428 of 745 places in Michigan. Median household income is $62,778, the median home is worth $160,400 and median gross rent runs $956 a month.

Population
1,051Coloma city residents
Median household income
$62,778Past 12 months, inflation adjusted
Median home value
$160,400Owner-occupied units
Median gross rent
$956Rent plus utilities, monthly
Median age
40.1 yrsAll residents
Homeownership rate
67%Owner-occupied households

What the numbers mean in Coloma city

Housing cost measured against local earnings.

A household earning the Coloma city median would spend about 18.3% 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 2.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7.4% of residents and 67% 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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