Michigan · Census place 29940
Fountain village, MI
Quick answer
Fountain village has 229 residents, ranking #664 of 745 places in Michigan. Median household income is $47,500, the median home is worth $100,000 and median gross rent runs $1,094 a month.
- Population
- 229Fountain village residents
- Median household income
- $47,500Past 12 months, inflation adjusted
- Median home value
- $100,000Owner-occupied units
- Median gross rent
- $1,094Rent plus utilities, monthly
- Median age
- 34.6 yrsAll residents
- Homeownership rate
- 82.9%Owner-occupied households
What the numbers mean in Fountain village
Housing cost measured against local earnings.
A household earning the Fountain village median would spend about 27.6% 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 2.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 47.8% of residents and 82.9% 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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