Michigan · Census place 27080
Fairgrove village, MI
Quick answer
Fairgrove village has 492 residents, ranking #550 of 745 places in Michigan. Median household income is $37,500, the median home is worth $75,600 and median gross rent runs $755 a month.
- Population
- 492Fairgrove village residents
- Median household income
- $37,500Past 12 months, inflation adjusted
- Median home value
- $75,600Owner-occupied units
- Median gross rent
- $755Rent plus utilities, monthly
- Median age
- 42.3 yrsAll residents
- Homeownership rate
- 88.2%Owner-occupied households
What the numbers mean in Fairgrove village
Housing cost measured against local earnings.
A household earning the Fairgrove village median would spend about 24.2% 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 2.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 17.8% of residents and 88.2% 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.
- Eau Claire village 507
- Millers Lake CDP 505
- Shaftsburg CDP 498
- Oden CDP 492
- Gaines village 487
- Woodland village 485
- Harrisville city 484
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