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ZipNumbers

Michigan · Census place 31200

Gaines village, MI

Quick answer

Gaines village has 487 residents, ranking #552 of 745 places in Michigan. Median household income is $57,500, the median home is worth $131,900 and median gross rent runs $734 a month.

Population
487Gaines village residents
Median household income
$57,500Past 12 months, inflation adjusted
Median home value
$131,900Owner-occupied units
Median gross rent
$734Rent plus utilities, monthly
Median age
46.6 yrsAll residents
Homeownership rate
90.6%Owner-occupied households

What the numbers mean in Gaines village

Housing cost measured against local earnings.

A household earning the Gaines village median would spend about 15.3% 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 2.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7.6% of residents and 90.6% 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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