Belding, MI Profile: Facts & Data

The primary coordinate point for Belding is located at latitude 43.0978 and longitude -85.2289 in Ionia County. The formal boundaries for the City of Belding encompass a land area of 4.72 sq. miles and a water area of 0.18 sq. miles. Ionia County is in the Eastern time zone (GMT -5).

The City of Belding has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

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

POPULATION
Total Population	5,913 (100%)
Population in Households	5,796 (98.0%)
Population in Families	4,454 (75.3%)
Population in Group Quarters¹	117 ( 2.0%)
Population Density	1,252
Diversity Index²	29


INCOME
Median Household Income	$55,140
Average Household Income	$62,880
% of Income for Mortgage⁴	19%
Per Capita Income	$24,806
Wealth Index⁵	38
Socioeconomic Status Index⁶	Moderate (45.5)

HOUSING
Total HU (Housing Units)	2,423 (100%)
Owner Occupied HU	1,573 (64.9%)
Renter Occupied HU	757 (31.2%)
Vacant Housing Units	93 ( 3.8%)
Median Home Value	$168,875
Average Home Value	$238,017
Housing Affordability Index³	124

HOUSEHOLDS
Total Households	2,330
Average Household Size	2.49
Family Households	1,426
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.

Belding, MI - Peer Comparisons by Rank and Percentile

The table below compares Belding 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	-0.10%	-0.14%
Households	0.26%	0.14%
Families		-0.06%
Median Household Income		2.05%
Per Capita Income		2.43%
Owner Occupied HU		1.03%

Variable Description	Rank	Percentile
Total Population	# 157	79th
Population Density	# 260	65th
Median Household Income	# 535	28th
Housing Affordability Index	# 388	52nd
Per Capita Income	# 678	9th
Diversity Index	# 237	68th

Belding, MI Profile: Facts & Data

Belding, Michigan - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Belding, MI - Peer Comparisons by Rank and Percentile

Belding, MI - Most Popular Things to Do

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Ionia County