Michigan · Census place 37760
Hermansville CDP, MI
Quick answer
Hermansville CDP has 621 residents, ranking #515 of 745 places in Michigan. Median household income is $53,958, the median home is worth $86,300 and median gross rent runs $433 a month.
- Population
- 621Hermansville CDP residents
- Median household income
- $53,958Past 12 months, inflation adjusted
- Median home value
- $86,300Owner-occupied units
- Median gross rent
- $433Rent plus utilities, monthly
- Median age
- 51.5 yrsAll residents
- Homeownership rate
- 81.5%Owner-occupied households
What the numbers mean in Hermansville CDP
Housing cost measured against local earnings.
A household earning the Hermansville CDP median would spend about 9.6% 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 1.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.3% of residents and 81.5% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Michigan.
- Parkdale CDP 631
- Unionville village 627
- Vernon village 623
- Freeport village 615
- Camden village 614
- Bay Shore CDP 607
- Morley village 606
Keep going
More Michigan coverage.