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ZipNumbers

Michigan · Census place 30420

Fraser city, MI

Quick answer

Fraser city has 14,604 residents, ranking #77 of 745 places in Michigan. Median household income is $61,118, the median home is worth $193,600 and median gross rent runs $827 a month.

Population
14,604Fraser city residents
Median household income
$61,118Past 12 months, inflation adjusted
Median home value
$193,600Owner-occupied units
Median gross rent
$827Rent plus utilities, monthly
Median age
41.6 yrsAll residents
Homeownership rate
72.7%Owner-occupied households

What the numbers mean in Fraser city

Housing cost measured against local earnings.

A household earning the Fraser city median would spend about 16.2% 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 3.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.4% of residents and 72.7% 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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