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Michigan · Census place 65800

Port Hope village, MI

Quick answer

Port Hope village has 297 residents, ranking #627 of 745 places in Michigan. Median household income is $51,250, the median home is worth $84,600 and median gross rent runs $750 a month.

Population
297Port Hope village residents
Median household income
$51,250Past 12 months, inflation adjusted
Median home value
$84,600Owner-occupied units
Median gross rent
$750Rent plus utilities, monthly
Median age
58.1 yrsAll residents
Homeownership rate
85.2%Owner-occupied households

What the numbers mean in Port Hope village

Housing cost measured against local earnings.

A household earning the Port Hope village median would spend about 17.6% 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 1.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 17.5% of residents and 85.2% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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