North Branch, MI Profile: Facts & Data

North Branch, Michigan - Basic Facts

The Village of North Branch had a population of 1,108 as of July 1, 2024.

The primary coordinate point for North Branch is located at latitude 43.2295 and longitude -83.1966 in Lapeer County. The formal boundaries for the Village of North Branch encompass a land area of 1.33 sq. miles and a water area of 0 sq. miles. Lapeer County is in the Eastern time zone (GMT -5).

The Village of North Branch 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 Branch is located within Township of North Branch, a minor civil division (MCD) of Lapeer County.

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

POPULATION
Total Population	1,108 (100%)
Population in Households	1,088 (98.2%)
Population in Families	873 (78.8%)
Population in Group Quarters¹	20 ( 1.8%)
Population Density	768
Diversity Index²	20


INCOME
Median Household Income	$55,969
Average Household Income	$95,237
% of Income for Mortgage⁴	31%
Per Capita Income	$37,680
Wealth Index⁵	98
Socioeconomic Status Index⁶	Low (42.3)

HOUSING
Total HU (Housing Units)	482 (100%)
Owner Occupied HU	319 (66.2%)
Renter Occupied HU	119 (24.7%)
Vacant Housing Units	44 ( 9.1%)
Median Home Value	$278,846
Average Home Value	$317,476
Housing Affordability Index³	79

HOUSEHOLDS
Total Households	438
Average Household Size	2.48
Family Households	292
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

482 (100%)

Owner Occupied HU

319 (66.2%)

Renter Occupied HU

119 (24.7%)

Vacant Housing Units

44 ( 9.1%)

Median Home Value

$278,846

Average Home Value

$317,476

Housing Affordability Index³

HOUSEHOLDS

Total Households

438

Average Household Size

2.48

Family Households

292

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	0.26%	-0.35%
Households	0.16%	0.05%
Families		-0.21%
Median Household Income		3.28%
Per Capita Income		3.69%
Owner Occupied HU		1.70%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

0.26%

-0.35%

Households

0.16%

0.05%

Families

-0.21%

Median Household Income

3.28%

Per Capita Income

3.69%

Owner Occupied HU

1.70%

North Branch, MI - Peer Comparisons by Rank and Percentile

The table below compares North Branch 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	# 412	45th
Population Density	# 409	45th
Median Household Income	# 514	31st
Housing Affordability Index	# 60	8th
Per Capita Income	# 308	59th
Diversity Index	# 472	37th

Variable Description

Rank

Percentile

Total Population

# 412

45th

Population Density

# 409

45th

Median Household Income

# 514

31st

Housing Affordability Index

# 60

8th

Per Capita Income

# 308

59th

Diversity Index

# 472

37th

Michigan Census Data Comparison Tool

North Branch, MI Profile: Facts & Data

North Branch, Michigan - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

North Branch, MI - Peer Comparisons by Rank and Percentile

North Branch, MI - Most Popular Things to Do

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Lapeer County