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ZipNumbers

Michigan · Census place 63540

Pentwater village, MI

Quick answer

Pentwater village has 885 residents, ranking #461 of 745 places in Michigan. Median household income is $76,688, the median home is worth $347,200 and median gross rent runs $540 a month.

Population
885Pentwater village residents
Median household income
$76,688Past 12 months, inflation adjusted
Median home value
$347,200Owner-occupied units
Median gross rent
$540Rent plus utilities, monthly
Median age
65.4 yrsAll residents
Homeownership rate
83.5%Owner-occupied households

What the numbers mean in Pentwater village

Housing cost measured against local earnings.

A household earning the Pentwater village median would spend about 8.4% 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 4.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.4% of residents and 83.5% 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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