Michigan · Census place 27960
Ferrysburg city, MI
Quick answer
Ferrysburg city has 2,949 residents, ranking #239 of 745 places in Michigan. Median household income is $62,096, the median home is worth $225,400 and median gross rent runs $1,482 a month.
- Population
- 2,949Ferrysburg city residents
- Median household income
- $62,096Past 12 months, inflation adjusted
- Median home value
- $225,400Owner-occupied units
- Median gross rent
- $1,482Rent plus utilities, monthly
- Median age
- 52.8 yrsAll residents
- Homeownership rate
- 88%Owner-occupied households
What the numbers mean in Ferrysburg city
Housing cost measured against local earnings.
A household earning the Ferrysburg city median would spend about 28.6% 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 3.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.9% of residents and 88% 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.
- Iron River city 3,009
- Whitehall city 2,974
- Fowlerville village 2,950
- Bath CDP 2,938
- Kincheloe CDP 2,875
- Lake Orion village 2,873
- Rogers City city 2,873
Keep going
More Michigan coverage.