Living in Alma, Michigan
Cost of living, income, home prices, rent and demographics of Alma · Census data 2020–2024
Alma has 9,396 residents with a median age of 33.1. The median household income is $53,307 (27% lower than the Michigan median), the median home value is $115,900, the median rent is $836/month.
Alma at a glance
- Population
- 9,396
- Median age
- 33.1State: 40.2
- Median household income
- $53,307State: $72,875
- Median home value
- $115,900State: $231,600
- Median rent
- $836/moState: $1,129
- Homeowners
- 65.9%
- Bachelor's degree or higher
- 28%
- Average commute
- 19 min
Is Alma a good place to live?
Pros: Home values 50% lower than the state median; an average commute of 19 minutes.
Cons: Median household income 27% lower than the Michigan median; unemployment of 6.9%; a poverty rate of 21.7%.
The weather is best in June to September.
Cost of living in Alma
Housing is the biggest part of the cost of living. In Alma the median home value is $115,900, 65% lower than the U.S. median. Renters pay a median of $836 per month, which is 30.2% of household income. Homeowners with a mortgage pay $1,168 a month in housing costs.
Alma median household income
The median household income in Alma is $53,307 and the income per person is $26,883. 21.7% of residents live below the poverty line (Michigan: 13.2%).
Housing in Alma: homes for sale and rent
- Housing units
- 3,820
- Owner-occupied
- 65.9%
- Renter-occupied
- 34.1%
- Vacant
- 7.2%Includes seasonal homes
- Median year built
- 1964
- Average household size
- 2.21
Alma demographics
- Population
- 9,396
- Median age
- 33.1
- Under 18
- 19.3%
- 65 and older
- 17.5%
- Households
- 3,545
- Foreign-born
- 1.9%
- Veterans
- 5%Adults 18+
Hispanic or Latino can be of any race. Population history of Alma ›
Education in Alma
28% of adults 25 and older in Alma have a bachelor's degree or higher (Michigan: 32.4%), and 10.8% have a graduate or professional degree.
Jobs and commute in Alma
- Unemployment rate
- 6.9%State: 5.7%
- Average commute
- 19 minState: 24 min
- Work from home
- 10.7%
- Drive alone
- 72.4%
- Public transit
- 0.3%
- Walk to work
- 9.5%
- Homes with broadband
- 92.6%
Alma vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Alma | 9,396 | $53,307 | $115,900 | $836 |
| St. Louis | 7,367 | $51,167 | $119,200 | $794 |
| Ithaca | 2,817 | $63,109 | $133,200 | $819 |
| Breckenridge | 1,517 | $57,540 | $111,500 | $731 |
| Shepherd | 1,457 | $70,156 | $157,000 | $789 |
| Perrinton | 513 | $58,333 | $116,500 | $1,023 |
| Winn | 226 | $136,136 | $209,500 | — |
| Mount Pleasant | 21,236 | $44,706 | $173,100 | $922 |
| Merrill | 798 | $47,500 | $93,200 | $719 |
More for people moving to Alma
Alma ZIP code ›Weather and climate ›Living in Alma: FAQ
What is the median household income in Alma, MI?
The median household income in Alma is $53,307, 27% lower than the Michigan median of $72,875 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Alma?
The median home value in Alma is $115,900, compared with $231,600 in Michigan.
How much is rent in Alma?
The median gross rent in Alma is $836 per month, about 30.2% of household income.
Is Alma, MI a good place to live?
Pluses: home values 50% lower than the state median; an average commute of 19 minutes. Minuses: median household income 27% lower than the Michigan median; unemployment of 6.9%; a poverty rate of 21.7%.
What is the median age in Alma?
The median age in Alma is 33.1 years (Michigan: 40.2).
How long is the commute in Alma?
The average commute to work in Alma is 19 minutes; 10.7% of workers work from home.
What is the unemployment rate in Alma?
The unemployment rate in Alma is 6.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Alma?
28% of adults in Alma have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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