Michigan · Census place 73730
Shorewood-Tower Hills-Harbert CDP, MI
Quick answer
Shorewood-Tower Hills-Harbert CDP has 1,468 residents, ranking #361 of 745 places in Michigan. Median household income is $80,642, the median home is worth $296,000 and median gross rent runs $861 a month.
- Population
- 1,468Shorewood-Tower Hills-Harbert CDP residents
- Median household income
- $80,642Past 12 months, inflation adjusted
- Median home value
- $296,000Owner-occupied units
- Median gross rent
- $861Rent plus utilities, monthly
- Median age
- 54.7 yrsAll residents
- Homeownership rate
- 95.2%Owner-occupied households
What the numbers mean in Shorewood-Tower Hills-Harbert CDP
Housing cost measured against local earnings.
A household earning the Shorewood-Tower Hills-Harbert CDP median would spend about 12.8% 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 3.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5.7% of residents and 95.2% 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.
- Quincy village 1,487
- Laurium village 1,486
- Ravenna village 1,472
- Newberry village 1,453
- Fowler village 1,446
- Shepherd village 1,438
- Colon village 1,432
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