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ZipNumbers

Michigan · Census place 38700

Holly village, MI

Quick answer

Holly village has 5,971 residents, ranking #158 of 745 places in Michigan. Median household income is $61,221, the median home is worth $174,900 and median gross rent runs $974 a month.

Population
5,971Holly village residents
Median household income
$61,221Past 12 months, inflation adjusted
Median home value
$174,900Owner-occupied units
Median gross rent
$974Rent plus utilities, monthly
Median age
43.4 yrsAll residents
Homeownership rate
65.7%Owner-occupied households

What the numbers mean in Holly village

Housing cost measured against local earnings.

A household earning the Holly village median would spend about 19.1% 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 2.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10% of residents and 65.7% 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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