Chesaning, MI Profile: Facts & Data

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Chesaning, Michigan - Basic Facts

The Village of Chesaning had a population of 2,402 as of July 1, 2020.

The primary coordinate point for Chesaning is located at latitude 43.1847 and longitude -84.115 in Saginaw County. The formal boundaries for the Village of Chesaning encompass a land area of 3.05 sq. miles and a water area of 0.09 sq. miles. Saginaw County is in the Eastern time zone (GMT -5). The elevation is 630 feet.

The Village of Chesaning (GNIS ID: 2397613) 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 Chesaning is located within Township of Chesaning, a minor civil division (MCD) of Saginaw County.


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

POPULATION

Total Population 2,402 (100%)
Population in Households 2,374 (98.8%)
Population in Families 1,894 (78.9%)
Population in Group Quarters1 28 ( 1.2%)
Population Density 780
Diversity Index2 21
 
 

INCOME

Median Household Income $50,683
Average Household Income $67,399
% of Income for Mortgage4 10%
Per Capita Income $28,513
Wealth Index5 65
 

HOUSING

Total HU (Housing Units) 1,165 (100%)
Owner Occupied HU 744 (63.9%)
Renter Occupied HU 294 (25.2%)
Vacant Housing Units 127 (10.9%)
Median Home Value $124,038
Average Home Value $139,866
Housing Affordability Index3 218
 

HOUSEHOLDS

Total Households 1,038
Average Household Size 2.29
Family Households 684
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 0.02% -0.14%
Households 0.21% -0.08%
Families 0.82% -0.21%
Median Household Income   2.0%
Per Capita Income   2.61%
Owner Occupied HU   0.05%

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Chesaning, MI - Peer Comparisons by Rank and Percentile

The table below compares Chesaning 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 # 269 61st
Population Density # 416 40th
Median Household Income # 380 45th
Housing Affordability Index # 361 52nd
Per Capita Income # 268 61st
Diversity Index # 262 62nd

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

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