Michigan · Census place 37860
Hesperia village, MI
Quick answer
Hesperia village has 1,007 residents, ranking #438 of 745 places in Michigan. Median household income is $44,271, the median home is worth $121,300 and median gross rent runs $556 a month.
- Population
- 1,007Hesperia village residents
- Median household income
- $44,271Past 12 months, inflation adjusted
- Median home value
- $121,300Owner-occupied units
- Median gross rent
- $556Rent plus utilities, monthly
- Median age
- 41.6 yrsAll residents
- Homeownership rate
- 72.9%Owner-occupied households
What the numbers mean in Hesperia village
Housing cost measured against local earnings.
A household earning the Hesperia village median would spend about 15.1% 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 2.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 18.1% of residents and 72.9% 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.
- Harbor Springs city 1,015
- Richland village 1,014
- Chums Corner CDP 1,012
- Lake Victoria CDP 1,002
- Au Gres city 982
- Lewiston CDP 980
- Central Lake village 976
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