Waldron, MI Profile: Facts, Map & Data

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Waldron, Michigan - Basic Facts

The Village of Waldron had a population of 494 as of July 1, 2017. Waldron ranks in the lower quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Michigan. See peer rankings below.

The primary coordinate point for Waldron is located at latitude 41.7242 and longitude -84.4188 in Hillsdale County. The formal boundaries for the Village of Waldron (see map below) encompass a land area of 1 sq. miles and a water area of 0 sq. miles. Hillsdale County is in the Eastern time zone (GMT -5). The elevation is 902 feet.

The Village of Waldron (GNIS ID: 2400084) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Waldron is located within Township of Wright, a minor civil division (MCD) of Hillsdale County.

Beneath the boundary map are tables with Waldron population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2017.


Neighborhood Data

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Village of Waldron, MI Boundary Map



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Boundary Maps: Township of Wright | Hillsdale County | Michigan Counties

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Waldron, MI Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 494
Population in Households 494
Population in Familes 401
Population in Group Qrtrs 0
Population Density1 494
Diversity Index2 9
 

HOUSEHOLDS

Total Households 196
Average Household Size 2.52
Family Households 130
Average Family Size 3

HOUSING

Total Housing Units 253 (100%)
Owner Occupied HU 146 (57.7%)
Renter Occupied HU 50 (19.8%)
Vacant Housing Units 57 (22.5%)
Median Home Value $77,692
Average Home Value $92,808
 

INCOME

Median Household Income $33,076
Average Household Income $42,710
Per Capita Income $16,890
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2015 2015-2020
Population -1.17% -0.7%
Households -1.01% -0.62%
Families -0.72% -0.78%
Median Household Income   1.14%
Per Capita Income   2.1%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Waldron, MI - Peer Comparisons by Rank and Percentile

The table below compares Waldron to the other 692 incorporated cities, towns and CDPs in Michigan by rank and percentile using July 1, 2017 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 534 23rd
Population Density1 # 522 25th
Diversity Index2 # 613 12th
Median Household Income # 636 8th
Per Capita Income # 653 6th

Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.

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