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ZipNumbers

Michigan · Census place 69400

Romeo village, MI

Quick answer

Romeo village has 3,654 residents, ranking #220 of 745 places in Michigan. Median household income is $73,500, the median home is worth $245,700 and median gross rent runs $1,010 a month.

Population
3,654Romeo village residents
Median household income
$73,500Past 12 months, inflation adjusted
Median home value
$245,700Owner-occupied units
Median gross rent
$1,010Rent plus utilities, monthly
Median age
44.6 yrsAll residents
Homeownership rate
60.7%Owner-occupied households

What the numbers mean in Romeo village

Housing cost measured against local earnings.

A household earning the Romeo village median would spend about 16.5% 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 3.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.1% of residents and 60.7% 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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