Luna Pier, MI Profile: Facts & Data

The primary coordinate point for Luna Pier is located at latitude 41.807 and longitude -83.4424 in Monroe County. The formal boundaries for the City of Luna Pier encompass a land area of 1.5 sq. miles and a water area of 0.18 sq. miles. Monroe County is in the Eastern time zone (GMT -5).

The City of Luna Pier has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Luna Pier, MI Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	1,363 (100%)
Population in Households	1,363 (100.0%)
Population in Families	1,005 (73.7%)
Population in Group Quarters¹	0
Population Density	914
Diversity Index²	29


INCOME
Median Household Income	$49,452
Average Household Income	$72,718
% of Income for Mortgage⁴	31%
Per Capita Income	$33,558
Wealth Index⁵	56
Socioeconomic Status Index⁶	Moderate (45.9)

HOUSING
Total HU (Housing Units)	707 (100%)
Owner Occupied HU	460 (65.1%)
Renter Occupied HU	169 (23.9%)
Vacant Housing Units	78 (11.0%)
Median Home Value	$245,679
Average Home Value	$253,913
Housing Affordability Index³	77

HOUSEHOLDS
Total Households	629
Average Household Size	2.17
Family Households	343
Average Family Size	3.00

NOTES

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.
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.
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.
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).
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.
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.

Luna Pier, MI - Peer Comparisons by Rank and Percentile

The table below compares Luna Pier to the other 745 incorporated cities, towns and CDPs in Michigan by rank and percentile using July 1, 2024 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.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.33%	-0.28%
Households	0.30%	0.25%
Families		0.00%
Median Household Income		3.84%
Per Capita Income		3.72%
Owner Occupied HU		1.06%

Variable Description	Rank	Percentile
Total Population	# 373	50th
Population Density	# 357	52nd
Median Household Income	# 635	15th
Housing Affordability Index	# 56	8th
Per Capita Income	# 435	42nd
Diversity Index	# 250	66th

Luna Pier, MI Profile: Facts & Data

Luna Pier, Michigan - Basic Facts

Luna Pier, MI Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Luna Pier, MI - Peer Comparisons by Rank and Percentile

Luna Pier, MI - Most Popular Things to Do

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