North Adams, MI Profile: Facts & Data

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North Adams, Michigan - Basic Facts

The Village of North Adams had a population of 491 as of July 1, 2020. North Adams ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Michigan. See peer rankings below.

The primary coordinate point for North Adams is located at latitude 41.9709 and longitude -84.5258 in Hillsdale County. The formal boundaries for the Village of North Adams encompass a land area of 0.52 sq. miles and a water area of 0 sq. miles. Hillsdale County is in the Eastern time zone (GMT -5). The elevation is 1,194 feet.

The Village of North Adams (GNIS ID: 2399507) 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 North Adams is located within Township of Adams, a minor civil division (MCD) of Hillsdale County.


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

POPULATION

Total Population 491 (100%)
Population in Households 491 (100.0%)
Population in Families 416 (84.7%)
Population in Group Quarters1 0
Population Density 923
Diversity Index2 8
 
 

INCOME

Median Household Income $44,375
Average Household Income $55,217
% of Income for Mortgage4 9%
Per Capita Income $22,458
Wealth Index5 48
 

HOUSING

Total HU (Housing Units) 227 (100%)
Owner Occupied HU 145 (63.9%)
Renter Occupied HU 53 (23.3%)
Vacant Housing Units 29 (12.8%)
Median Home Value $90,873
Average Home Value $108,103
Housing Affordability Index3 294
 

HOUSEHOLDS

Total Households 198
Average Household Size 2.48
Family Households 140
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 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 0.28% 0.32%
Households 0.45% 0.4%
Families 0.21% 0.28%
Median Household Income   1.99%
Per Capita Income   2.34%
Owner Occupied HU   0.41%

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North Adams, MI - Peer Comparisons by Rank and Percentile

The table below compares North Adams 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 # 540 22nd
Population Density # 357 49th
Median Household Income # 485 30th
Housing Affordability Index # 627 91st
Per Capita Income # 538 22nd
Diversity Index # 669 3rd

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

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