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Michigan · Census place 79720

Three Oaks village, MI

Quick answer

Three Oaks village has 1,322 residents, ranking #379 of 745 places in Michigan. Median household income is $60,500, the median home is worth $185,100 and median gross rent runs $1,022 a month.

Population
1,322Three Oaks village residents
Median household income
$60,500Past 12 months, inflation adjusted
Median home value
$185,100Owner-occupied units
Median gross rent
$1,022Rent plus utilities, monthly
Median age
39.6 yrsAll residents
Homeownership rate
66.5%Owner-occupied households

What the numbers mean in Three Oaks village

Housing cost measured against local earnings.

A household earning the Three Oaks village median would spend about 20.3% 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 3.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.6% of residents and 66.5% 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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