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ZipNumbers

Michigan · Census place 88240

Wolverine village, MI

Quick answer

Wolverine village has 226 residents, ranking #666 of 745 places in Michigan. Median household income is $48,250, the median home is worth $123,600 and median gross rent runs $600 a month.

Population
226Wolverine village residents
Median household income
$48,250Past 12 months, inflation adjusted
Median home value
$123,600Owner-occupied units
Median gross rent
$600Rent plus utilities, monthly
Median age
39.2 yrsAll residents
Homeownership rate
91.4%Owner-occupied households

What the numbers mean in Wolverine village

Housing cost measured against local earnings.

A household earning the Wolverine village median would spend about 14.9% 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 28.8% of residents and 91.4% 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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