Michigan · Census place 24540
Eaton Rapids city, MI
Quick answer
Eaton Rapids city has 5,197 residents, ranking #173 of 745 places in Michigan. Median household income is $63,618, the median home is worth $140,600 and median gross rent runs $944 a month.
- Population
- 5,197Eaton Rapids city residents
- Median household income
- $63,618Past 12 months, inflation adjusted
- Median home value
- $140,600Owner-occupied units
- Median gross rent
- $944Rent plus utilities, monthly
- Median age
- 40.2 yrsAll residents
- Homeownership rate
- 64.2%Owner-occupied households
What the numbers mean in Eaton Rapids city
Housing cost measured against local earnings.
A household earning the Eaton Rapids city median would spend about 17.8% 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 10.2% of residents and 64.2% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Michigan.
- Chelsea city 5,420
- Springfield city 5,295
- Gladstone city 5,240
- Comstock Northwest CDP 5,190
- Utica city 5,184
- Allegan city 5,182
- Kingsford city 5,138
Keep going
More Michigan coverage.