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
Compare with nearby places
Places of similar size in Michigan.
- Eastlake village 304
- Dodgeville CDP 298
- Clifford village 297
- Haring CDP 296
- Custer village 289
- Michiana village 289
- Ewen CDP 286
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