Gagetown, MI Profile: Facts & Data

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Gagetown, Michigan - Basic Facts

The Village of Gagetown had a population of 394 as of July 1, 2019. Gagetown ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Michigan. See peer rankings below.

The primary coordinate point for Gagetown is located at latitude 43.6572 and longitude -83.2449 in Tuscola County. The formal boundaries for the Village of Gagetown encompass a land area of 0.98 sq. miles and a water area of 0 sq. miles. Tuscola County is in the Eastern time zone (GMT -5). The elevation is 758 feet.

The Village of Gagetown (GNIS ID: 2398934) 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 Gagetown is located within Township of Elmwood, a minor civil division (MCD) of Tuscola County.


Jump to... (On This Page!)
  1. Gagetown 2019 Demographic Data
  2. Growth Rates for Gagetown (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 - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Gagetown, MI Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Gagetown, MI Housing Affordability Index is 272
State of Michigan Housing Affordability Index is 142
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.

WEALTH INDEX

Gagetown, MI Wealth Index is 38
State of Michigan Wealth Index is 92
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.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Michigan COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 394 (100%)
Population in Households 392 (99.5%)
Population in Families 330 (83.8%)
Population in Group Quarters1 2 ( 0.5%)
Population Density 402
Diversity Index2 23
 

INCOME

Median Household Income $42,062
Average Household Income $49,842
Per Capita Income $18,665
Wealth Index4 38

HOUSING

Total Housing Units 176 (100%)
Owner Occupied HU 116 (65.9%)
Renter Occupied HU 36 (20.5%)
Vacant Housing Units 24 (13.6%)
Median Home Value $76,744
Housing Affordability Index3 272
 

HOUSEHOLDS

Total Households 152
Average Household Size 2.58
Family Households 108
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 race 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 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

2010-2019 2019-2024
Population 0.17% -0.05%
Households 0.14% 0.0%
Families 0.1% -0.19%
Median Household Income   2.55%
Per Capita Income   2.61%

Gagetown, MI - Peer Comparisons by Rank and Percentile

The table below compares Gagetown to the other 692 incorporated cities, towns and CDPs in Michigan by rank and percentile using July 1, 2019 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 # 573 17th
Population Density # 550 21st
Diversity Index # 207 70th
Median Household Income # 518 25th
Per Capita Income # 639 8th

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

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