Schoolcraft, MI Profile: Facts & Data

Schoolcraft, Michigan - Basic Facts

The Village of Schoolcraft had a population of 1,532 as of July 1, 2024.

The primary coordinate point for Schoolcraft is located at latitude 42.1142 and longitude -85.6378 in Kalamazoo County. The formal boundaries for the Village of Schoolcraft encompass a land area of 0.98 sq. miles and a water area of 0 sq. miles. Kalamazoo County is in the Eastern time zone (GMT -5).

The Village of Schoolcraft 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 Schoolcraft is located within Township of Schoolcraft, a minor civil division (MCD) of Kalamazoo County.

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

POPULATION
Total Population	1,532 (100%)
Population in Households	1,532 (100.0%)
Population in Families	1,234 (80.5%)
Population in Group Quarters¹	0
Population Density	1,560
Diversity Index²	21


INCOME
Median Household Income	$82,899
Average Household Income	$91,513
% of Income for Mortgage⁴	17%
Per Capita Income	$37,752
Wealth Index⁵	66
Socioeconomic Status Index⁶	Moderate (59.0)

HOUSING
Total HU (Housing Units)	678 (100%)
Owner Occupied HU	471 (69.5%)
Renter Occupied HU	161 (23.7%)
Vacant Housing Units	46 ( 6.8%)
Median Home Value	$225,000
Average Home Value	$242,516
Housing Affordability Index³	135

HOUSEHOLDS
Total Households	632
Average Household Size	2.42
Family Households	384
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

678 (100%)

Owner Occupied HU

471 (69.5%)

Renter Occupied HU

161 (23.7%)

Vacant Housing Units

46 ( 6.8%)

Median Home Value

$225,000

Average Home Value

$242,516

Housing Affordability Index³

135

HOUSEHOLDS

Total Households

632

Average Household Size

2.42

Family Households

384

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.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	1.04%	0.49%
Households	0.84%	0.63%
Families		0.72%
Median Household Income		3.23%
Per Capita Income		3.91%
Owner Occupied HU		1.32%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

1.04%

0.49%

Households

0.84%

0.63%

Families

0.72%

Median Household Income

3.23%

Per Capita Income

3.91%

Owner Occupied HU

1.32%

Schoolcraft, MI - Peer Comparisons by Rank and Percentile

The table below compares Schoolcraft 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.

Variable Description	Rank	Percentile
Total Population	# 351	53rd
Population Density	# 191	74th
Median Household Income	# 134	82nd
Housing Affordability Index	# 481	65th
Per Capita Income	# 306	59th
Diversity Index	# 446	40th

Variable Description

Rank

Percentile

Total Population

# 351

53rd

Population Density

# 191

74th

Median Household Income

# 134

82nd

Housing Affordability Index

# 481

65th

Per Capita Income

# 306

59th

Diversity Index

# 446

40th

Michigan Census Data Comparison Tool

Schoolcraft, MI Profile: Facts & Data

Schoolcraft, Michigan - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Schoolcraft, MI - Peer Comparisons by Rank and Percentile

Schoolcraft, MI - Most Popular Things to Do

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