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ZipNumbers

Michigan · Census place 67900

Reese village, MI

Quick answer

Reese village has 1,303 residents, ranking #383 of 745 places in Michigan. Median household income is $83,125, the median home is worth $174,600 and median gross rent runs $909 a month.

Population
1,303Reese village residents
Median household income
$83,125Past 12 months, inflation adjusted
Median home value
$174,600Owner-occupied units
Median gross rent
$909Rent plus utilities, monthly
Median age
47.1 yrsAll residents
Homeownership rate
79.6%Owner-occupied households

What the numbers mean in Reese village

Housing cost measured against local earnings.

A household earning the Reese village median would spend about 13.1% 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 2.9% of residents and 79.6% 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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