Cement City, MI Profile: Facts & Data

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Cement City, Michigan - Basic Facts

The Village of Cement City had a population of 413 as of July 1, 2023.

The primary coordinate point for Cement City is located at latitude 42.07 and longitude -84.3305 in Lenawee County. The formal boundaries for the Village of Cement City encompass a land area of 0.88 sq. miles and a water area of 0.03 sq. miles. Lenawee County is in the Eastern time zone (GMT -5).

While the primary coordinates for Village of Cement City are located in Lenawee County, it should be noted that the formal boundaries for this community also extend into and Jackson County.

The Village of Cement City 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 Cement City is located within Township of Woodstock, a minor civil division (MCD) of Lenawee County.


Jump to... (On This Page!)
  1. Cement City 2023 Demographic Data
  2. Growth Rates for Cement City (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 - 2023 Demographics
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Cement City, MI Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 413 (100%)
Population in Households 413 (100.0%)
Population in Families 303 (73.4%)
Population in Group Quarters1 0
Population Density 463
Diversity Index2 19
 
 

INCOME

Median Household Income $59,890
Average Household Income $73,269
% of Income for Mortgage4 23%
Per Capita Income $32,466
Wealth Index5 53
Socioeconomic Status Index6 Low (44.2)
 

HOUSING

Total HU (Housing Units) 199 (100%)
Owner Occupied HU 159 (79.9%)
Renter Occupied HU 24 (12.1%)
Vacant Housing Units 16 ( 8.0%)
Median Home Value $225,000
Average Home Value $232,862
Housing Affordability Index3 103
 

HOUSEHOLDS

Total Households 183
Average Household Size 2.26
Family Households 112
Average Family Size 3.00
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.
  6. 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

2020-2023 2023-2028
Population -0.81% -0.49%
Households 0.17% -0.11%
Families   0.00%
Median Household Income   5.40%
Per Capita Income   2.66%
Owner Occupied HU   -0.64%

Cement City, MI - Peer Comparisons by Rank and Percentile

The table below compares Cement City to the other 745 incorporated cities, towns and CDPs in Michigan by rank and percentile using July 1, 2023 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 # 572 23rd
Population Density # 540 28th
Median Household Income # 337 55th
Housing Affordability Index # 159 21st
Per Capita Income # 387 48th
Diversity Index # 534 28th

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

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