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ZipNumbers

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

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