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ZipNumbers

Michigan · Census place 34360

Grant city, MI

Quick answer

Grant city has 1,146 residents, ranking #415 of 745 places in Michigan. Median household income is $56,875, the median home is worth $158,600 and median gross rent runs $950 a month.

Population
1,146Grant city residents
Median household income
$56,875Past 12 months, inflation adjusted
Median home value
$158,600Owner-occupied units
Median gross rent
$950Rent plus utilities, monthly
Median age
33.9 yrsAll residents
Homeownership rate
65.2%Owner-occupied households

What the numbers mean in Grant city

Housing cost measured against local earnings.

A household earning the Grant city median would spend about 20% 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 2.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 18% of residents and 65.2% 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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