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.

Median home value

Carleton$207,400
Michigan$231,600
United States$332,700

Median monthly rent

Carleton$944
Michigan$1,129
United States$1,413

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%).

Median household income

Carleton$73,365
Michigan$72,875
United States$80,734

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+

Race and ethnicity

White91.1%
Hispanic or Latino9.7%
Black0.8%
Asian0.2%

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.

Bachelor's degree or higher

Carleton11%
Michigan32.4%
United States35.7%

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

TownPopulationMedian incomeHome valueRent
Carleton2,595$73,365$207,400$944
South Rockwood1,924$78,203$226,500$1,350
Flat Rock10,340$81,585$228,800$919
Maybee634$54,706$251,000$943
Rockwood3,161$88,080$188,600$1,037
Woodland Beach1,919$73,750$183,700—
Detroit Beach2,771$76,524$170,100—
Estral Beach372$67,083$219,300—
Woodhaven12,690$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.

Last updated: