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ZipNumbers

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

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