Living in Bay Shore, Michigan
Cost of living, income, home prices, rent and demographics of Bay Shore · Census data 2020–2024
Bay Shore has 697 residents with a median age of 51. The median household income is $75,217 (3% higher than the Michigan median), the median home value is $153,600, the median rent is $869/month.
Bay Shore is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Bay Shore at a glance
- Population
- 697
- Median age
- 51State: 40.2
- Median household income
- $75,217State: $72,875
- Median home value
- $153,600State: $231,600
- Median rent
- $869/moState: $1,129
- Homeowners
- 83.8%
- Bachelor's degree or higher
- 31.9%
- Average commute
- 17 min
Is Bay Shore a good place to live?
Pros: Median household income 3% higher than the Michigan median; home values 34% lower than the state median; an average commute of 17 minutes; unemployment of 2.5%; a poverty rate of 7.7%.
The weather is best in June to September.
Cost of living in Bay Shore
Housing is the biggest part of the cost of living. In Bay Shore the median home value is $153,600, 54% lower than the U.S. median. Renters pay a median of $869 per month, which is 18% of household income. Homeowners with a mortgage pay $1,275 a month in housing costs.
Bay Shore median household income
The median household income in Bay Shore is $75,217 and the income per person is $50,537. 7.7% of residents live below the poverty line (Michigan: 13.2%).
Housing in Bay Shore: homes for sale and rent
- Housing units
- 475
- Owner-occupied
- 83.8%
- Renter-occupied
- 16.2%
- Vacant
- 20.8%Includes seasonal homes
- Median year built
- 1992
- Average household size
- 1.85
Bay Shore demographics
- Population
- 697
- Median age
- 51
- Under 18
- 9.9%
- 65 and older
- 19.8%
- Households
- 376
- Foreign-born
- 3.6%
- Veterans
- 0.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Bay Shore ›
Education in Bay Shore
31.9% of adults 25 and older in Bay Shore have a bachelor's degree or higher (Michigan: 32.4%), and 11% have a graduate or professional degree.
Jobs and commute in Bay Shore
- Unemployment rate
- 2.5%State: 5.7%
- Average commute
- 17 minState: 24 min
- Work from home
- 7.1%
- Drive alone
- 62.1%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 94.4%
Bay Shore vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Bay Shore | 697 | $75,217 | $153,600 | $869 |
| Petoskey | 5,856 | $74,196 | $364,100 | $1,006 |
| Horton Bay | 374 | $69,926 | $345,500 | — |
| Harbor Springs | 1,086 | $75,417 | $415,700 | $1,027 |
| Charlevoix | 2,392 | $47,917 | $331,500 | $816 |
| Ironton | 173 | $93,750 | $246,400 | — |
| Bay View | 164 | $236,500 | $375,500 | — |
| Advance | 377 | $110,417 | $563,800 | $1,375 |
| Walloon Lake | 294 | $87,303 | $285,400 | — |
More for people moving to Bay Shore
Bay Shore ZIP code ›Weather and climate ›Living in Bay Shore: FAQ
What is the median household income in Bay Shore, MI?
The median household income in Bay Shore is $75,217, 3% higher 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 Bay Shore?
The median home value in Bay Shore is $153,600, compared with $231,600 in Michigan.
How much is rent in Bay Shore?
The median gross rent in Bay Shore is $869 per month, about 18% of household income.
Is Bay Shore, MI a good place to live?
Pluses: median household income 3% higher than the Michigan median; home values 34% lower than the state median; an average commute of 17 minutes; unemployment of 2.5%; a poverty rate of 7.7%.
What is the median age in Bay Shore?
The median age in Bay Shore is 51 years (Michigan: 40.2).
How long is the commute in Bay Shore?
The average commute to work in Bay Shore is 17 minutes; 7.1% of workers work from home.
What is the unemployment rate in Bay Shore?
The unemployment rate in Bay Shore is 2.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Bay Shore?
31.9% of adults in Bay Shore 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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