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ZipNumbers

Michigan · Census place 40320

Imlay City city, MI

Quick answer

Imlay City city has 3,706 residents, ranking #218 of 745 places in Michigan. Median household income is $55,061, the median home is worth $137,800 and median gross rent runs $764 a month.

Population
3,706Imlay City city residents
Median household income
$55,061Past 12 months, inflation adjusted
Median home value
$137,800Owner-occupied units
Median gross rent
$764Rent plus utilities, monthly
Median age
35.3 yrsAll residents
Homeownership rate
53.8%Owner-occupied households

What the numbers mean in Imlay City city

Housing cost measured against local earnings.

A household earning the Imlay City 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 2.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 25.5% of residents and 53.8% 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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