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ZipNumbers

Michigan · Census place 63900

Pewamo village, MI

Quick answer

Pewamo village has 511 residents, ranking #544 of 745 places in Michigan. Median household income is $76,250, the median home is worth $179,500 and median gross rent runs $933 a month.

Population
511Pewamo village residents
Median household income
$76,250Past 12 months, inflation adjusted
Median home value
$179,500Owner-occupied units
Median gross rent
$933Rent plus utilities, monthly
Median age
33.6 yrsAll residents
Homeownership rate
91%Owner-occupied households

What the numbers mean in Pewamo village

Housing cost measured against local earnings.

A household earning the Pewamo village median would spend about 14.7% 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 2.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.5% of residents and 91% 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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