Chums Corners, MI Profile: Facts & Data

The Chums Corner CDP⁽¹⁾ had a population of 1,083 as of July 1, 2024. Chums Corners 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 Chums Corner 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.

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

POPULATION
Total Population	1,083 (100%)
Population in Households	1,083 (100.0%)
Population in Families	864 (79.8%)
Population in Group Quarters¹	0
Population Density	408
Diversity Index²	21


INCOME
Median Household Income	$82,204
Average Household Income	$111,520
% of Income for Mortgage⁴	29%
Per Capita Income	$40,159
Wealth Index⁵	106
Socioeconomic Status Index⁶	Moderate (56.2)

HOUSING
Total HU (Housing Units)	427 (100%)
Owner Occupied HU	307 (71.9%)
Renter Occupied HU	83 (19.4%)
Vacant Housing Units	37 ( 8.7%)
Median Home Value	$377,119
Average Home Value	$424,837
Housing Affordability Index³	84

HOUSEHOLDS
Total Households	390
Average Household Size	2.78
Family Households	271
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.

Chums Corners, MI - Peer Comparisons by Rank and Percentile

The table below compares Chums Corners 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	0.40%	1.17%
Households	0.12%	1.44%
Families		-0.22%
Median Household Income		3.08%
Per Capita Income		2.99%
Owner Occupied HU		0.07%

Variable Description	Rank	Percentile
Total Population	# 417	44th
Population Density	# 567	24th
Median Household Income	# 139	81st
Housing Affordability Index	# 83	11th
Per Capita Income	# 244	67th
Diversity Index	# 437	41st

Chums Corners, MI Profile: Facts & Data

Chums Corners, Michigan - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Chums Corners, MI - Peer Comparisons by Rank and Percentile

Chums Corners, MI - Most Popular Things to Do

Use HTL Address Research for a Michigan Address and get...

Quick & Easy Ways to...

Michigan Census Data Comparison Tool

Grand Traverse County