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
Compare with nearby places
Places of similar size in Michigan.
- Brown City city 1,211
- Luna Pier city 1,204
- North Branch village 1,199
- Baldwin village 1,161
- Carson City city 1,161
- Frankfort city 1,158
- Concord village 1,156
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