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Michigan · Census place 60840

Onsted village, MI

Quick answer

Onsted village has 1,283 residents, ranking #389 of 745 places in Michigan. Median household income is $65,349, the median home is worth $166,500 and median gross rent runs $811 a month.

Population
1,283Onsted village residents
Median household income
$65,349Past 12 months, inflation adjusted
Median home value
$166,500Owner-occupied units
Median gross rent
$811Rent plus utilities, monthly
Median age
32.8 yrsAll residents
Homeownership rate
69.1%Owner-occupied households

What the numbers mean in Onsted village

Housing cost measured against local earnings.

A household earning the Onsted village median would spend about 14.9% 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 2.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7.9% of residents and 69.1% 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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