Michigan has a population of about 10,140,459 (No.10 of 51 in the U.S.). Household income is mid-pack nationally.
Median household income $72,389 (No.38); per capita income $40,990 (No.36); median home value $254,200 (No.40); median rent $1,168 (No.33); median age 40.4 (No.15); income inequality (Gini) 0.468 (No.24).
Metrics and national rank
- Population 10,140,459 (rank 10 of 51)
- Median household income $72,389 (rank 38 of 51)
- Median home value $254,200 (rank 40 of 51)
- Median gross rent (monthly) $1,168 (rank 33 of 51)
- Median age 40.4 (rank 15 of 51)
- Per capita income $40,990 (rank 36 of 51)
- Income inequality (Gini) 0.468 (rank 24 of 51)
- Housing units 4,669,109 (rank 9 of 51)
- Median year structure built 1972 (rank 42 of 51)
About the metrics
- Population(people):Total state population (ACS 1-year estimate). A basis for market size, labor force, and representation.
- Median household income(USD/year):Median household income (USD/year). A gauge of living standards and a reference for cost-of-living and relocation comparisons.
- Median home value(USD):Median value of owner-occupied homes (USD). A comparison metric for housing cost and asset prices.
- Median gross rent (monthly)(USD/month):Median gross rent (rent plus utilities), monthly USD. For comparing rental housing costs.
- Median age(years):Median age of residents (years). A gauge of the age structure (aging vs. younger population).
- Per capita income(USD/year):Average income per person (USD/year). Useful for comparing income levels independent of household size.
- Income inequality (Gini)(0–1):The Gini index of income inequality (0 = perfect equality to 1 = maximal inequality). Higher means more unequal.
- Housing units(units):Total housing units in the state (including vacant). A gauge of the size of the housing stock.
- Median year structure built(year):Median year housing structures were built. A newer value means a newer housing stock.
Sources (primary)
This article is an independent summary based on the official U.S. data below. Please verify the latest and exact details with the official sources.
- Census QuickFacts (official)
- Source:U.S. Census Bureau(ACS 2024)
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.