Conway, MI Profile: Facts & Data

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 Conway Census Designated Place 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.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

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

POPULATION
Total Population	331 (100%)
Population in Households	331 (100.0%)
Population in Families	250 (75.5%)
Population in Group Quarters¹	0
Population Density	786
Diversity Index²	27


INCOME
Median Household Income	$58,350
Average Household Income	$86,895
% of Income for Mortgage⁴	24%
Per Capita Income	$34,128
Wealth Index⁵	85
Socioeconomic Status Index⁶	Moderate (49.4)

HOUSING
Total HU (Housing Units)	219 (100%)
Owner Occupied HU	99 (45.2%)
Renter Occupied HU	31 (14.2%)
Vacant Housing Units	89 (40.6%)
Median Home Value	$227,083
Average Home Value	$263,889
Housing Affordability Index³	100

HOUSEHOLDS
Total Households	130
Average Household Size	2.55
Family Households	77
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.

Conway, MI - Peer Comparisons by Rank and Percentile

The table below compares Conway 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	-0.49%	-0.74%
Households	-0.88%	-0.31%
Families		1.76%
Median Household Income		2.33%
Per Capita Income		3.92%
Owner Occupied HU		-1.46%

Variable Description	Rank	Percentile
Total Population	# 618	17th
Population Density	# 406	46th
Median Household Income	# 470	37th
Housing Affordability Index	# 172	23rd
Per Capita Income	# 411	45th
Diversity Index	# 277	63rd

Conway, MI Profile: Facts & Data

Conway, Michigan - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Conway, MI - Peer Comparisons by Rank and Percentile

Conway, MI - Most Popular Things to Do

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Emmet County