Presque Isle Harbor CDP, MI Profile: Facts & Data

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Presque Isle Harbor CDP, Michigan - Basic Facts

The Presque Isle Harbor Census Designated Place had a population of 572 as of July 1, 2020. Presque Isle Harbor CDP ranks in the lower quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Michigan. See peer rankings below.

The primary coordinate point for Presque Isle Harbor CDP is located at latitude 45.3225 and longitude -83.4849 in Presque Isle County. The formal boundaries for the Presque Isle Harbor Census Designated Place encompass a land area of 6.25 sq. miles and a water area of 0.62 sq. miles.

The Presque Isle Harbor Census Designated Place (GNIS ID: 2583762) has a U2 Census Class Code which indicates a census designated place without an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Presque Isle Harbor Census Designated Place is located within Township of Presque Isle, a minor civil division (MCD) of Presque Isle County.


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Presque Isle Harbor CDP, MI Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 572 (100%)
Population in Households 572 (100.0%)
Population in Families 461 (80.6%)
Population in Group Quarters1 0
Population Density 92
Diversity Index2 5
 
 

INCOME

Median Household Income $56,956
Average Household Income $71,251
% of Income for Mortgage4 14%
Per Capita Income $35,325
Wealth Index5 88
 

HOUSING

Total HU (Housing Units) 646 (100%)
Owner Occupied HU 285 (44.1%)
Renter Occupied HU 12 ( 1.9%)
Vacant Housing Units 349 (54.0%)
Median Home Value $193,137
Average Home Value $216,813
Housing Affordability Index3 179
 

HOUSEHOLDS

Total Households 297
Average Household Size 1.93
Family Households 199
Average Family Size 2
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 -0.47% -0.75%
Households -0.32% -0.61%
Families -0.19% -0.71%
Median Household Income   1.87%
Per Capita Income   1.99%
Owner Occupied HU   -0.57%

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Presque Isle Harbor CDP, MI - Peer Comparisons by Rank and Percentile

The table below compares Presque Isle Harbor CDP 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 # 513 26th
Population Density # 667 4th
Median Household Income # 238 66th
Housing Affordability Index # 168 24th
Per Capita Income # 123 82nd
Diversity Index # 683 1st

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

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