Michigan · Census place 54660
Mio CDP, MI
Quick answer
Mio CDP has 1,504 residents, ranking #356 of 745 places in Michigan. Median household income is $47,578, the median home is worth $96,600 and median gross rent runs $545 a month.
- Population
- 1,504Mio CDP residents
- Median household income
- $47,578Past 12 months, inflation adjusted
- Median home value
- $96,600Owner-occupied units
- Median gross rent
- $545Rent plus utilities, monthly
- Median age
- 38.2 yrsAll residents
- Homeownership rate
- 76.5%Owner-occupied households
What the numbers mean in Mio CDP
Housing cost measured against local earnings.
A household earning the Mio CDP median would spend about 13.7% 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 2.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 20.5% of residents and 76.5% 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.
- Harbor Beach city 1,576
- Elk Rapids village 1,558
- Lake LeAnn CDP 1,522
- Mancelona village 1,496
- Quincy village 1,487
- Laurium village 1,486
- Ravenna village 1,472
Keep going
More Michigan coverage.