Breckenridge, MI Profile: Facts & Data

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Breckenridge, Michigan - Basic Facts

The Village of Breckenridge had a population of 1,328 as of July 1, 2019.

The primary coordinate point for Breckenridge is located at latitude 43.4081 and longitude -84.475 in Gratiot County. The formal boundaries for the Village of Breckenridge encompass a land area of 1.07 sq. miles and a water area of 0 sq. miles. Gratiot County is in the Eastern time zone (GMT -5). The elevation is 735 feet.

The Village of Breckenridge (GNIS ID: 2398170) 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 Breckenridge is located within Township of Wheeler, a minor civil division (MCD) of Gratiot County.


Jump to... (On This Page!)
  1. Breckenridge 2019 Demographic Data
  2. Growth Rates for Breckenridge (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Michigan Research Tools (Easy Tools & Current Data)
  3. Michigan Data Comparison Tool - 2019 Demographics

Breckenridge, MI - Most Popular Things to Do

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Breckenridge, MI Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Breckenridge, MI Housing Affordability Index is 222
State of Michigan Housing Affordability Index is 142
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.

WEALTH INDEX

Breckenridge, MI Wealth Index is 35
State of Michigan Wealth Index is 92
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.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

More Tools and Resources:

  1. For information about schools and school attendance zones, use the HTL Address Tool
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  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Michigan COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 1,328 (100%)
Population in Households 1,328 (100.0%)
Population in Families 1,061 (79.9%)
Population in Group Quarters1 0
Population Density 1,249
Diversity Index2 20
 

INCOME

Median Household Income $38,300
Average Household Income $48,728
Per Capita Income $19,371
Wealth Index4 35

HOUSING

Total Housing Units 598 (100%)
Owner Occupied HU 327 (54.7%)
Renter Occupied HU 209 (34.9%)
Vacant Housing Units 62 (10.4%)
Median Home Value $77,934
Housing Affordability Index3 222
 

HOUSEHOLDS

Total Households 536
Average Household Size 2.48
Family Households 353
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 race 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 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

2010-2019 2019-2024
Population 0.0% -0.17%
Households 0.02% -0.15%
Families 0.12% -0.28%
Median Household Income   2.87%
Per Capita Income   3.08%

Breckenridge, MI - Peer Comparisons by Rank and Percentile

The table below compares Breckenridge to the other 692 incorporated cities, towns and CDPs in Michigan by rank and percentile using July 1, 2019 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 # 376 46th
Population Density # 269 61st
Diversity Index # 273 61st
Median Household Income # 603 13th
Per Capita Income # 627 10th

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

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