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ZipNumbers

Michigan · Census place 41340

Ithaca city, MI

Quick answer

Ithaca city has 2,831 residents, ranking #247 of 745 places in Michigan. Median household income is $62,375, the median home is worth $126,600 and median gross rent runs $802 a month.

Population
2,831Ithaca city residents
Median household income
$62,375Past 12 months, inflation adjusted
Median home value
$126,600Owner-occupied units
Median gross rent
$802Rent plus utilities, monthly
Median age
42.7 yrsAll residents
Homeownership rate
71.1%Owner-occupied households

What the numbers mean in Ithaca city

Housing cost measured against local earnings.

A household earning the Ithaca city median would spend about 15.4% 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 2.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 19.2% of residents and 71.1% 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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