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ZipNumbers

Michigan · Census place 67500

Reading city, MI

Quick answer

Reading city has 1,241 residents, ranking #396 of 745 places in Michigan. Median household income is $48,804, the median home is worth $103,300 and median gross rent runs $741 a month.

Population
1,241Reading city residents
Median household income
$48,804Past 12 months, inflation adjusted
Median home value
$103,300Owner-occupied units
Median gross rent
$741Rent plus utilities, monthly
Median age
31 yrsAll residents
Homeownership rate
65.3%Owner-occupied households

What the numbers mean in Reading city

Housing cost measured against local earnings.

A household earning the Reading city median would spend about 18.2% 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 2.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 43.2% of residents and 65.3% 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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