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Oak Hill, MI Profile: Facts & Data

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Oak Hill, Michigan - Basic Facts

The Oak Hill Census Designated Place had a population of 627 as of July 1, 2020.

The primary coordinate point for Oak Hill is located at latitude 44.2244 and longitude -86.304 in Manistee County. The formal boundaries for the Oak Hill Census Designated Place encompass a land area of 0.5 sq. miles and a water area of 0 sq. miles. Manistee County is in the Eastern time zone (GMT -5). The elevation is 656 feet.

The Oak Hill Census Designated Place (GNIS ID: 2583756) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Oak Hill Census Designated Place is located within Charter Township of Filer, a minor civil division (MCD) of Manistee County.


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Oak Hill, MI Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 627 (100%)
Population in Households 627 (100.0%)
Population in Families 451 (71.9%)
Population in Group Quarters1 0
Population Density 1,247
Diversity Index2 22
 
 

INCOME

Median Household Income $32,458
Average Household Income $49,093
% of Income for Mortgage4 11%
Per Capita Income $22,471
Wealth Index5 38
 

HOUSING

Total HU (Housing Units) 328 (100%)
Owner Occupied HU 176 (53.7%)
Renter Occupied HU 101 (30.8%)
Vacant Housing Units 51 (15.5%)
Median Home Value $83,451
Average Home Value $90,254
Housing Affordability Index3 227
 

HOUSEHOLDS

Total Households 277
Average Household Size 2.26
Family Households 150
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 0.95% 0.51%
Households 1.12% 0.57%
Families 0.0% 0.4%
Median Household Income   2.12%
Per Capita Income   2.64%
Owner Occupied HU   0.67%

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Oak Hill, MI - Peer Comparisons by Rank and Percentile

The table below compares Oak Hill 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 # 503 27th
Population Density # 271 61st
Median Household Income # 664 4th
Housing Affordability Index # 406 59th
Per Capita Income # 537 23rd
Diversity Index # 237 65th

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

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