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ZipNumbers

Michigan · Census place 67820

Reed City city, MI

Quick answer

Reed City city has 2,505 residents, ranking #270 of 745 places in Michigan. Median household income is $48,646, the median home is worth $105,400 and median gross rent runs $587 a month.

Population
2,505Reed City city residents
Median household income
$48,646Past 12 months, inflation adjusted
Median home value
$105,400Owner-occupied units
Median gross rent
$587Rent plus utilities, monthly
Median age
40.8 yrsAll residents
Homeownership rate
59.7%Owner-occupied households

What the numbers mean in Reed City city

Housing cost measured against local earnings.

A household earning the Reed City city median would spend about 14.5% 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 2.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 20.8% of residents and 59.7% 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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