Michigan · Census place 25780
Elsie village, MI
Quick answer
Elsie village has 951 residents, ranking #449 of 745 places in Michigan. Median household income is $55,000, the median home is worth $107,600 and median gross rent runs $692 a month.
- Population
- 951Elsie village residents
- Median household income
- $55,000Past 12 months, inflation adjusted
- Median home value
- $107,600Owner-occupied units
- Median gross rent
- $692Rent plus utilities, monthly
- Median age
- 42 yrsAll residents
- Homeownership rate
- 80.2%Owner-occupied households
What the numbers mean in Elsie village
Housing cost measured against local earnings.
A household earning the Elsie village median would spend about 15.1% 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 13% of residents and 80.2% 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.
- Napoleon CDP 969
- Crystal CDP 966
- Otisville village 955
- Alanson village 943
- Baroda village 934
- Stephenson city 931
- Bellaire village 929
Keep going
More Michigan coverage.