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Conway, MI Profile: Facts & Data

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Conway, Michigan - Basic Facts

The Conway Census Designated Place had a population of 213 as of July 1, 2020. Conway 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 Conway is located at latitude 45.4167 and longitude -84.867 in Emmet County. The formal boundaries for the Conway Census Designated Place encompass a land area of 0.42 sq. miles and a water area of 0 sq. miles. Emmet County is in the Eastern time zone (GMT -5). The elevation is 607 feet.

The Conway Census Designated Place (GNIS ID: 2583729) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Conway Census Designated Place is located within Township of Little Traverse, a minor civil division (MCD) of Emmet County.


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

POPULATION

Total Population 213 (100%)
Population in Households 213 (100.0%)
Population in Families 166 (77.9%)
Population in Group Quarters1 0
Population Density 506
Diversity Index2 15
 
 

INCOME

Median Household Income $56,021
Average Household Income $61,551
% of Income for Mortgage4 12%
Per Capita Income $26,404
Wealth Index5 53
 

HOUSING

Total HU (Housing Units) 205 (100%)
Owner Occupied HU 79 (38.5%)
Renter Occupied HU 31 (15.1%)
Vacant Housing Units 95 (46.3%)
Median Home Value $163,000
Average Home Value $158,117
Housing Affordability Index3 226
 

HOUSEHOLDS

Total Households 110
Average Household Size 1.94
Family Households 71
Average Family Size 2
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 0.42% 0.28%
Households 0.45% 0.18%
Families 3.89% 0.0%
Median Household Income   1.12%
Per Capita Income   1.73%
Owner Occupied HU   0.25%

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Conway, MI - Peer Comparisons by Rank and Percentile

The table below compares Conway 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 # 653 6th
Population Density # 517 25th
Median Household Income # 264 62nd
Housing Affordability Index # 404 58th
Per Capita Income # 349 50th
Diversity Index # 430 38th

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

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