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ZipNumbers

Michigan · Census place 81700

Vanderbilt village, MI

Quick answer

Vanderbilt village has 398 residents, ranking #582 of 745 places in Michigan. Median household income is $56,188, the median home is worth $106,500 and median gross rent runs $921 a month.

Population
398Vanderbilt village residents
Median household income
$56,188Past 12 months, inflation adjusted
Median home value
$106,500Owner-occupied units
Median gross rent
$921Rent plus utilities, monthly
Median age
39.6 yrsAll residents
Homeownership rate
66.7%Owner-occupied households

What the numbers mean in Vanderbilt village

Housing cost measured against local earnings.

A household earning the Vanderbilt village median would spend about 19.7% 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 1.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.1% of residents and 66.7% 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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