Beulah, MI Profile: Facts & Data

The primary coordinate point for Beulah is located at latitude 44.6319 and longitude -86.0909 in Benzie County. The formal boundaries for the Village of Beulah encompass a land area of 0.43 sq. miles and a water area of 0 sq. miles. Benzie County is in the Eastern time zone (GMT -5). The elevation is 607 feet.

The Village of Beulah (GNIS ID: 2398114) 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.

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

POPULATION
Total Population	318 (100%)
Population in Households	296 (93.1%)
Population in Families	211 (66.4%)
Population in Group Quarters¹	22 ( 6.9%)
Population Density	768
Diversity Index²	22


INCOME
Median Household Income	$54,720
Average Household Income	$88,093
% of Income for Mortgage⁴	15%
Per Capita Income	$40,655
Wealth Index⁵	132

HOUSING
Total HU (Housing Units)	380 (100%)
Owner Occupied HU	126 (33.2%)
Renter Occupied HU	26 ( 6.8%)
Vacant Housing Units	228 (60.0%)
Median Home Value	$200,000
Average Home Value	$350,992
Housing Affordability Index³	179

HOUSEHOLDS
Total Households	152
Average Household Size	1.95
Family Households	82
Average Family Size	3

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.

Beulah, MI - Peer Comparisons by Rank and Percentile

The table below compares Beulah 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.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	-0.51%	-0.38%
Households	-0.38%	-0.4%
Families	0.24%	-0.49%
Median Household Income		1.84%
Per Capita Income		2.8%
Owner Occupied HU		-0.32%

Variable Description	Rank	Percentile
Total Population	# 607	12th
Population Density	# 419	40th
Median Household Income	# 282	59th
Housing Affordability Index	# 167	24th
Per Capita Income	# 80	89th
Diversity Index	# 232	67th

Beulah, MI Profile: Facts & Data

Beulah, Michigan - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Beulah, MI - Peer Comparisons by Rank and Percentile

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