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Michigan · Census place 61920

Owendale village, MI

Quick answer

Owendale village has 207 residents, ranking #682 of 745 places in Michigan. Median household income is $60,000, the median home is worth $65,000 and median gross rent runs $933 a month.

Population
207Owendale village residents
Median household income
$60,000Past 12 months, inflation adjusted
Median home value
$65,000Owner-occupied units
Median gross rent
$933Rent plus utilities, monthly
Median age
36.8 yrsAll residents
Homeownership rate
92.7%Owner-occupied households

What the numbers mean in Owendale village

Housing cost measured against local earnings.

A household earning the Owendale village median would spend about 18.7% 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 1.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14.1% of residents and 92.7% 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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