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Michigan · Census place 76240

Stanwood village, MI

Quick answer

Stanwood village has 163 residents, ranking #705 of 745 places in Michigan. Median household income is $51,319, the median home is worth $131,300 and median gross rent runs $950 a month.

Population
163Stanwood village residents
Median household income
$51,319Past 12 months, inflation adjusted
Median home value
$131,300Owner-occupied units
Median gross rent
$950Rent plus utilities, monthly
Median age
49.3 yrsAll residents
Homeownership rate
92%Owner-occupied households

What the numbers mean in Stanwood village

Housing cost measured against local earnings.

A household earning the Stanwood village median would spend about 22.2% 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 2.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3.1% of residents and 92% 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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