Michigan · Census place 88420
Woodland village, MI
Quick answer
Woodland village has 485 residents, ranking #553 of 745 places in Michigan. Median household income is $47,500, the median home is worth $143,800 and median gross rent runs $417 a month.
- Population
- 485Woodland village residents
- Median household income
- $47,500Past 12 months, inflation adjusted
- Median home value
- $143,800Owner-occupied units
- Median gross rent
- $417Rent plus utilities, monthly
- Median age
- 44.5 yrsAll residents
- Homeownership rate
- 65.1%Owner-occupied households
What the numbers mean in Woodland village
Housing cost measured against local earnings.
A household earning the Woodland village median would spend about 10.5% 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 3.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 16% of residents and 65.1% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Michigan.
- Fairgrove village 492
- Oden CDP 492
- Gaines village 487
- Harrisville city 484
- North Adams village 480
- Sand Lake village 480
- Barton Hills village 478
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