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ZipNumbers

Michigan · Census place 29920

Fostoria CDP, MI

Quick answer

Fostoria CDP has 1,081 residents, ranking #423 of 745 places in Michigan. Median household income is $95,491, the median home is worth $140,400 and median gross rent runs $1,091 a month.

Population
1,081Fostoria CDP residents
Median household income
$95,491Past 12 months, inflation adjusted
Median home value
$140,400Owner-occupied units
Median gross rent
$1,091Rent plus utilities, monthly
Median age
36.8 yrsAll residents
Homeownership rate
84.4%Owner-occupied households

What the numbers mean in Fostoria CDP

Housing cost measured against local earnings.

A household earning the Fostoria CDP median would spend about 13.7% 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 1.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8.5% of residents and 84.4% 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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