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ZipNumbers

Michigan · Census place 37120

Hastings city, MI

Quick answer

Hastings city has 7,515 residents, ranking #137 of 745 places in Michigan. Median household income is $56,309, the median home is worth $159,000 and median gross rent runs $785 a month.

Population
7,515Hastings city residents
Median household income
$56,309Past 12 months, inflation adjusted
Median home value
$159,000Owner-occupied units
Median gross rent
$785Rent plus utilities, monthly
Median age
41.7 yrsAll residents
Homeownership rate
72.8%Owner-occupied households

What the numbers mean in Hastings city

Housing cost measured against local earnings.

A household earning the Hastings city median would spend about 16.7% 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 2.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8.7% of residents and 72.8% 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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