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Michigan · Census place 46440

Lawrence village, MI

Quick answer

Lawrence village has 1,186 residents, ranking #406 of 745 places in Michigan. Median household income is $36,188, the median home is worth $106,700 and median gross rent runs $586 a month.

Population
1,186Lawrence village residents
Median household income
$36,188Past 12 months, inflation adjusted
Median home value
$106,700Owner-occupied units
Median gross rent
$586Rent plus utilities, monthly
Median age
33 yrsAll residents
Homeownership rate
45.6%Owner-occupied households

What the numbers mean in Lawrence village

Housing cost measured against local earnings.

A household earning the Lawrence village median would spend about 19.4% 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 2.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 32.5% of residents and 45.6% 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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