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ZipNumbers

Michigan · Census place 81840

Vassar city, MI

Quick answer

Vassar city has 2,704 residents, ranking #256 of 745 places in Michigan. Median household income is $61,827, the median home is worth $134,600 and median gross rent runs $726 a month.

Population
2,704Vassar city residents
Median household income
$61,827Past 12 months, inflation adjusted
Median home value
$134,600Owner-occupied units
Median gross rent
$726Rent plus utilities, monthly
Median age
36.3 yrsAll residents
Homeownership rate
64.3%Owner-occupied households

What the numbers mean in Vassar city

Housing cost measured against local earnings.

A household earning the Vassar city median would spend about 14.1% 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 2.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14.3% of residents and 64.3% 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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