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ZipNumbers

Michigan · Census place 55540

Morley village, MI

Quick answer

Morley village has 606 residents, ranking #519 of 745 places in Michigan. Median household income is $42,750, the median home is worth $94,400 and median gross rent runs $913 a month.

Population
606Morley village residents
Median household income
$42,750Past 12 months, inflation adjusted
Median home value
$94,400Owner-occupied units
Median gross rent
$913Rent plus utilities, monthly
Median age
32.3 yrsAll residents
Homeownership rate
67.7%Owner-occupied households

What the numbers mean in Morley village

Housing cost measured against local earnings.

A household earning the Morley village median would spend about 25.6% 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 2.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 33.2% of residents and 67.7% 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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