Howard City, MI Profile: Facts & Data

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Howard City, Michigan - Basic Facts

The Village of Howard City had a population of 1,915 as of July 1, 2020.

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 elevation is 879 feet.

The Village of Howard City (GNIS ID: 2398547) 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.


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Howard City, MI Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 1,915 (100%)
Population in Households 1,914 (99.9%)
Population in Families 1,602 (83.7%)
Population in Group Quarters1 1 ( 0.1%)
Population Density 793
Diversity Index2 13
 
 

INCOME

Median Household Income $40,881
Average Household Income $50,381
% of Income for Mortgage4 12%
Per Capita Income $18,423
Wealth Index5 38
 

HOUSING

Total HU (Housing Units) 791 (100%)
Owner Occupied HU 536 (67.8%)
Renter Occupied HU 200 (25.3%)
Vacant Housing Units 55 ( 7.0%)
Median Home Value $117,828
Average Home Value $143,505
Housing Affordability Index3 212
 

HOUSEHOLDS

Total Households 736
Average Household Size 2.6
Family Households 534
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 0.56% 0.47%
Households 0.7% 0.54%
Families 1.38% 0.45%
Median Household Income   0.22%
Per Capita Income   1.11%
Owner Occupied HU   0.37%

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Howard City, MI - Peer Comparisons by Rank and Percentile

The table below compares Howard City 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 # 308 56th
Population Density # 410 41st
Median Household Income # 553 20th
Housing Affordability Index # 328 47th
Per Capita Income # 651 6th
Diversity Index # 514 26th

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

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