Howard City, MI Profile: Facts & Data

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Howard City, Michigan - Basic Facts

The Village of Howard City had a population of 1,818 as of July 1, 2023.

The primary coordinate point for Howard City is located at latitude 43.3956 and longitude -85.4678 in Montcalm County. The formal boundaries for the Village of Howard City encompass a land area of 2.53 sq. miles and a water area of 0.03 sq. miles. Montcalm County is in the Eastern time zone (GMT -5).

The Village of Howard 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 Howard City is located within Township of Reynolds, a minor civil division (MCD) of Montcalm County.


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

POPULATION

Total Population 1,818 (100%)
Population in Households 1,818 (100.0%)
Population in Families 1,426 (78.4%)
Population in Group Quarters1 0
Population Density 753
Diversity Index2 22
 
 

INCOME

Median Household Income $55,912
Average Household Income $70,063
% of Income for Mortgage4 18%
Per Capita Income $26,707
Wealth Index5 49
Socioeconomic Status Index6 Low (44.7)
 

HOUSING

Total HU (Housing Units) 735 (100%)
Owner Occupied HU 513 (69.8%)
Renter Occupied HU 180 (24.5%)
Vacant Housing Units 42 ( 5.7%)
Median Home Value $167,679
Average Home Value $181,920
Housing Affordability Index3 133
 

HOUSEHOLDS

Total Households 693
Average Household Size 2.62
Family Households 449
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 -0.29% -0.56%
Households -0.13% -0.23%
Families   -0.31%
Median Household Income   0.84%
Per Capita Income   2.14%
Owner Occupied HU   -0.31%

Howard City, MI - Peer Comparisons by Rank and Percentile

The table below compares Howard 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 # 320 57th
Population Density # 414 45th
Median Household Income # 434 42nd
Housing Affordability Index # 413 55th
Per Capita Income # 618 17th
Diversity Index # 439 41st

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

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