Living in Bessemer, Michigan
Cost of living, income, home prices, rent and demographics of Bessemer · Census data 2020–2024
Bessemer has 1,733 residents with a median age of 48.2. The median household income is $53,523 (27% lower than the Michigan median), the median home value is $69,900, the median rent is $546/month.
Bessemer at a glance
- Population
- 1,733
- Median age
- 48.2State: 40.2
- Median household income
- $53,523State: $72,875
- Median home value
- $69,900State: $231,600
- Median rent
- $546/moState: $1,129
- Homeowners
- 72.4%
- Bachelor's degree or higher
- 22.8%
- Average commute
- 16 min
Is Bessemer a good place to live?
Pros: Home values 70% lower than the state median; an average commute of 16 minutes; unemployment of 4.9%; a poverty rate of 12.9%.
Cons: Median household income 27% lower than the Michigan median.
The weather is best in June to September.
Cost of living in Bessemer
Housing is the biggest part of the cost of living. In Bessemer the median home value is $69,900, 79% lower than the U.S. median. Renters pay a median of $546 per month, which is 25% of household income. Homeowners with a mortgage pay $1,085 a month in housing costs.
Bessemer median household income
The median household income in Bessemer is $53,523 and the income per person is $30,156. 12.9% of residents live below the poverty line (Michigan: 13.2%).
Housing in Bessemer: homes for sale and rent
- Housing units
- 1,119
- Owner-occupied
- 72.4%
- Renter-occupied
- 27.6%
- Vacant
- 27.4%Includes seasonal homes
- Median year built
- 1943
- Average household size
- 2.09
Bessemer demographics
- Population
- 1,733
- Median age
- 48.2
- Under 18
- 14.8%
- 65 and older
- 20.4%
- Households
- 812
- Foreign-born
- 1%
- Veterans
- 8.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Bessemer ›
Education in Bessemer
22.8% of adults 25 and older in Bessemer have a bachelor's degree or higher (Michigan: 32.4%), and 4.8% have a graduate or professional degree.
Jobs and commute in Bessemer
- Unemployment rate
- 4.9%State: 5.7%
- Average commute
- 16 minState: 24 min
- Work from home
- 12.6%
- Drive alone
- 81.7%
- Public transit
- 0.7%
- Walk to work
- 4.2%
- Homes with broadband
- 88.7%
Bessemer vs nearby towns
More for people moving to Bessemer
Bessemer ZIP code ›Weather and climate ›Living in Bessemer: FAQ
What is the median household income in Bessemer, MI?
The median household income in Bessemer is $53,523, 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 Bessemer?
The median home value in Bessemer is $69,900, compared with $231,600 in Michigan.
How much is rent in Bessemer?
The median gross rent in Bessemer is $546 per month, about 25% of household income.
Is Bessemer, MI a good place to live?
Pluses: home values 70% lower than the state median; an average commute of 16 minutes; unemployment of 4.9%; a poverty rate of 12.9%. Minuses: median household income 27% lower than the Michigan median.
What is the median age in Bessemer?
The median age in Bessemer is 48.2 years (Michigan: 40.2).
How long is the commute in Bessemer?
The average commute to work in Bessemer is 16 minutes; 12.6% of workers work from home.
What is the unemployment rate in Bessemer?
The unemployment rate in Bessemer is 4.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Bessemer?
22.8% of adults in Bessemer 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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