Michigan · Census place 61940
Owosso city, MI
Quick answer
Owosso city has 14,658 residents, ranking #76 of 745 places in Michigan. Median household income is $53,702, the median home is worth $121,500 and median gross rent runs $831 a month.
- Population
- 14,658Owosso city residents
- Median household income
- $53,702Past 12 months, inflation adjusted
- Median home value
- $121,500Owner-occupied units
- Median gross rent
- $831Rent plus utilities, monthly
- Median age
- 38.1 yrsAll residents
- Homeownership rate
- 66.2%Owner-occupied households
What the numbers mean in Owosso city
Housing cost measured against local earnings.
A household earning the Owosso city median would spend about 18.6% 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 2.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 15.6% of residents and 66.2% 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.
- Harper Woods city 15,205
- Berkley city 15,084
- Hazel Park city 14,945
- Fraser city 14,604
- Coldwater city 13,847
- Sault Ste. Marie city 13,373
- Ionia city 12,950
Keep going
More Michigan coverage.