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Woodland, MI Profile: Facts & Data

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Woodland, Michigan - Basic Facts

The Village of Woodland had a population of 428 as of July 1, 2020. Woodland ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Michigan. See peer rankings below.

The primary coordinate point for Woodland is located at latitude 42.7267 and longitude -85.1336 in Barry County. The formal boundaries for the Village of Woodland encompass a land area of 0.81 sq. miles and a water area of 0 sq. miles. Barry County is in the Eastern time zone (GMT -5). The elevation is 869 feet.

The Village of Woodland (GNIS ID: 2399733) 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 Woodland is located within Township of Woodland, a minor civil division (MCD) of Barry County.


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Woodland, MI Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 428 (100%)
Population in Households 428 (100.0%)
Population in Families 365 (85.3%)
Population in Group Quarters1 0
Population Density 505
Diversity Index2 19
 
 

INCOME

Median Household Income $58,246
Average Household Income $73,720
% of Income for Mortgage4 13%
Per Capita Income $28,426
Wealth Index5 77
 

HOUSING

Total HU (Housing Units) 184 (100%)
Owner Occupied HU 129 (70.1%)
Renter Occupied HU 36 (19.6%)
Vacant Housing Units 19 (10.3%)
Median Home Value $185,526
Average Home Value $202,326
Housing Affordability Index3 195
 

HOUSEHOLDS

Total Households 165
Average Household Size 2.59
Family Households 120
Average Family Size 3
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.

GROWTH RATE / YEAR

 2010-2020 2020-2025
Population 0.07% 0.14%
Households 0.18% 0.24%
Families 0.33% 0.17%
Median Household Income   1.11%
Per Capita Income   2.03%
Owner Occupied HU   0.15%

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Woodland, MI - Peer Comparisons by Rank and Percentile

The table below compares Woodland to the other 692 incorporated cities, towns and CDPs in Michigan by rank and percentile using July 1, 2020 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 # 562 19th
Population Density # 518 25th
Median Household Income # 214 69th
Housing Affordability Index # 242 35th
Per Capita Income # 271 61st
Diversity Index # 309 55th

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

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