Michigan · Census place 55560
Morrice village, MI
Quick answer
Morrice village has 1,647 residents, ranking #344 of 745 places in Michigan. Median household income is $63,611, the median home is worth $114,900 and median gross rent runs $1,060 a month.
- Population
- 1,647Morrice village residents
- Median household income
- $63,611Past 12 months, inflation adjusted
- Median home value
- $114,900Owner-occupied units
- Median gross rent
- $1,060Rent plus utilities, monthly
- Median age
- 33.8 yrsAll residents
- Homeownership rate
- 88.9%Owner-occupied households
What the numbers mean in Morrice village
Housing cost measured against local earnings.
A household earning the Morrice village median would spend about 20% 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 18.1% of residents and 88.9% 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.
- Sylvan Lake city 1,672
- Tawas City city 1,654
- Bingham Farms village 1,652
- Laingsburg city 1,640
- Grayling city 1,638
- White Pigeon village 1,637
- Olivet city 1,633
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