Living in Carleton, Michigan
Cost of living, income, home prices, rent and demographics of Carleton · Census data 2020–2024
Carleton has 2,595 residents with a median age of 38.8. The median household income is $73,365 (about the same as the Michigan median), the median home value is $207,400, the median rent is $944/month.
Carleton at a glance
- Population
- 2,595
- Median age
- 38.8State: 40.2
- Median household income
- $73,365State: $72,875
- Median home value
- $207,400State: $231,600
- Median rent
- $944/moState: $1,129
- Homeowners
- 79.1%
- Bachelor's degree or higher
- 11%
- Average commute
- 31 min
Is Carleton a good place to live?
Pros: Median household income about the same as the Michigan median; home values 10% lower than the state median; unemployment of 2.1%; a poverty rate of 7.6%.
Cons: An average commute of 31 minutes.
The weather is best in June to September.
Cost of living in Carleton
Housing is the biggest part of the cost of living. In Carleton the median home value is $207,400, 38% lower than the U.S. median. Renters pay a median of $944 per month, which is 23% of household income. Homeowners with a mortgage pay $1,526 a month in housing costs.
Carleton median household income
The median household income in Carleton is $73,365 and the income per person is $36,004. 7.6% of residents live below the poverty line (Michigan: 13.2%).
Housing in Carleton: homes for sale and rent
- Housing units
- 994
- Owner-occupied
- 79.1%
- Renter-occupied
- 20.9%
- Vacant
- 2.4%Includes seasonal homes
- Median year built
- 1978
- Average household size
- 2.68
Carleton demographics
- Population
- 2,595
- Median age
- 38.8
- Under 18
- 27.7%
- 65 and older
- 16.6%
- Households
- 970
- Foreign-born
- 4.2%
- Veterans
- 7.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Carleton ›
Education in Carleton
11% of adults 25 and older in Carleton have a bachelor's degree or higher (Michigan: 32.4%), and 3% have a graduate or professional degree.
Jobs and commute in Carleton
- Unemployment rate
- 2.1%State: 5.7%
- Average commute
- 31 minState: 24 min
- Work from home
- 7.6%
- Drive alone
- 85.1%
- Public transit
- 0%
- Walk to work
- 0.9%
- Homes with broadband
- 86.1%
Carleton vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Carleton | 2,595 | $73,365 | $207,400 | $944 |
| South Rockwood | 1,924 | $78,203 | $226,500 | $1,350 |
| Flat Rock | 10,340 | $81,585 | $228,800 | $919 |
| Maybee | 634 | $54,706 | $251,000 | $943 |
| Rockwood | 3,161 | $88,080 | $188,600 | $1,037 |
| Woodland Beach | 1,919 | $73,750 | $183,700 | — |
| Detroit Beach | 2,771 | $76,524 | $170,100 | — |
| Estral Beach | 372 | $67,083 | $219,300 | — |
| Woodhaven | 12,690 | $78,648 | $231,800 | $1,096 |
More for people moving to Carleton
Carleton ZIP code ›Weather and climate ›Living in Carleton: FAQ
What is the median household income in Carleton, MI?
The median household income in Carleton is $73,365, about the same as 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 Carleton?
The median home value in Carleton is $207,400, compared with $231,600 in Michigan.
How much is rent in Carleton?
The median gross rent in Carleton is $944 per month, about 23% of household income.
Is Carleton, MI a good place to live?
Pluses: median household income about the same as the Michigan median; home values 10% lower than the state median; unemployment of 2.1%; a poverty rate of 7.6%. Minuses: an average commute of 31 minutes.
What is the median age in Carleton?
The median age in Carleton is 38.8 years (Michigan: 40.2).
How long is the commute in Carleton?
The average commute to work in Carleton is 31 minutes; 7.6% of workers work from home.
What is the unemployment rate in Carleton?
The unemployment rate in Carleton is 2.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Carleton?
11% of adults in Carleton 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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