Michigan Census & Demographic Data - July 1, 2024

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Michigan Census Data

The tables below provide updated data and demographic estimates for Michigan as of July 1, 2024. Our Michigan Census Data Comparison Tool allows you to compare and rank MI cities, towns, ZIP Codes and Counties.

Michigan Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 10,070,141 (100%)
Population in Households 9,858,224 (97.9%)
Population in Families 7,757,657 (77.0%)
Population in Group Quarters1 211,917 ( 2.1%)
Population Density 178
Diversity Index2 51
 
 

INCOME

Median Household Income $71,476
Average Household Income $99,903
% of Income for Mortgage4 22%
Per Capita Income $40,752
Wealth Index5 91
Socioeconomic Status Index6 Moderate (49.3)
 

HOUSING

Total HU (Housing Units) 4,618,963 (100%)
Owner Occupied HU 2,979,418 (64.5%)
Renter Occupied HU 1,115,725 (24.2%)
Vacant Housing Units 523,820 (11.3%)
Median Home Value $249,290
Average Home Value $296,468
Housing Affordability Index3 106
 

HOUSEHOLDS

Total Households 4,095,143
Average Household Size 2.41
Family Households 2,538,639
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races 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.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2024 2024-2029
Population -0.02% -0.09%
Households 0.31% 0.27%
Families   0.08%
Median Household Income   2.84%
Per Capita Income   3.22%
Owner Occupied HU   0.69%


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