Skip to content
ZipNumbers

Michigan · Census place 71660

Saranac village, MI

Quick answer

Saranac village has 1,973 residents, ranking #312 of 745 places in Michigan. Median household income is $64,157, the median home is worth $183,300 and median gross rent runs $415 a month.

Population
1,973Saranac village residents
Median household income
$64,157Past 12 months, inflation adjusted
Median home value
$183,300Owner-occupied units
Median gross rent
$415Rent plus utilities, monthly
Median age
33.4 yrsAll residents
Homeownership rate
67.2%Owner-occupied households

What the numbers mean in Saranac village

Housing cost measured against local earnings.

A household earning the Saranac village median would spend about 7.8% 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 2.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 13% of residents and 67.2% 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.

More Michigan coverage.