Skip to content
ZipNumbers

Michigan · Census place 49740

Luther village, MI

Quick answer

Luther village has 375 residents, ranking #593 of 745 places in Michigan. Median household income is $58,125, the median home is worth $107,100 and median gross rent runs $988 a month.

Population
375Luther village residents
Median household income
$58,125Past 12 months, inflation adjusted
Median home value
$107,100Owner-occupied units
Median gross rent
$988Rent plus utilities, monthly
Median age
39.9 yrsAll residents
Homeownership rate
71.4%Owner-occupied households

What the numbers mean in Luther village

Housing cost measured against local earnings.

A household earning the Luther village median would spend about 20.4% 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 1.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 24.5% of residents and 71.4% 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.

More Michigan coverage.