Living in Charlotte, Michigan
Cost of living, income, home prices, rent and demographics of Charlotte · Census data 2020–2024
Charlotte has 9,277 residents with a median age of 34.4. The median household income is $62,681 (14% lower than the Michigan median), the median home value is $153,900, the median rent is $887/month.
Charlotte at a glance
- Population
- 9,277
- Median age
- 34.4State: 40.2
- Median household income
- $62,681State: $72,875
- Median home value
- $153,900State: $231,600
- Median rent
- $887/moState: $1,129
- Homeowners
- 67%
- Bachelor's degree or higher
- 18.2%
- Average commute
- 19 min
Is Charlotte a good place to live?
Pros: Home values 34% lower than the state median; an average commute of 19 minutes; unemployment of 3.2%; a poverty rate of 11.1%.
Cons: Median household income 14% lower than the Michigan median.
The weather is best in June to September.
Cost of living in Charlotte
Housing is the biggest part of the cost of living. In Charlotte the median home value is $153,900, 54% lower than the U.S. median. Renters pay a median of $887 per month, which is 26.7% of household income. Homeowners with a mortgage pay $1,228 a month in housing costs.
Charlotte median household income
The median household income in Charlotte is $62,681 and the income per person is $30,689. 11.1% of residents live below the poverty line (Michigan: 13.2%).
Housing in Charlotte: homes for sale and rent
- Housing units
- 3,857
- Owner-occupied
- 67%
- Renter-occupied
- 33%
- Vacant
- 6%Includes seasonal homes
- Median year built
- 1964
- Average household size
- 2.45
Charlotte demographics
- Population
- 9,277
- Median age
- 34.4
- Under 18
- 25%
- 65 and older
- 15.2%
- Households
- 3,625
- Foreign-born
- 1%
- Veterans
- 5.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Charlotte ›
Education in Charlotte
18.2% of adults 25 and older in Charlotte have a bachelor's degree or higher (Michigan: 32.4%), and 4.9% have a graduate or professional degree.
Jobs and commute in Charlotte
- Unemployment rate
- 3.2%State: 5.7%
- Average commute
- 19 minState: 24 min
- Work from home
- 12.9%
- Drive alone
- 70%
- Public transit
- 0.6%
- Walk to work
- 3.4%
- Homes with broadband
- 90.2%
Charlotte vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Charlotte | 9,277 | $62,681 | $153,900 | $887 |
| Potterville | 3,087 | $64,693 | $154,500 | $1,152 |
| Olivet | 1,844 | $54,722 | $154,900 | $925 |
| Eaton Rapids | 5,183 | $63,875 | $155,800 | $972 |
| Vermontville | 790 | $53,750 | $138,500 | $907 |
| Dimondale | 1,521 | $111,042 | $216,400 | $864 |
| Bellevue | 1,552 | $63,750 | $118,100 | $991 |
| Nashville | 1,503 | $56,143 | $130,900 | $780 |
| Grand Ledge | 7,804 | $68,980 | $194,000 | $982 |
More for people moving to Charlotte
Charlotte ZIP code ›Weather and climate ›Living in Charlotte: FAQ
What is the median household income in Charlotte, MI?
The median household income in Charlotte is $62,681, 14% 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 Charlotte?
The median home value in Charlotte is $153,900, compared with $231,600 in Michigan.
How much is rent in Charlotte?
The median gross rent in Charlotte is $887 per month, about 26.7% of household income.
Is Charlotte, MI a good place to live?
Pluses: home values 34% lower than the state median; an average commute of 19 minutes; unemployment of 3.2%; a poverty rate of 11.1%. Minuses: median household income 14% lower than the Michigan median.
What is the median age in Charlotte?
The median age in Charlotte is 34.4 years (Michigan: 40.2).
How long is the commute in Charlotte?
The average commute to work in Charlotte is 19 minutes; 12.9% of workers work from home.
What is the unemployment rate in Charlotte?
The unemployment rate in Charlotte is 3.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Charlotte?
18.2% of adults in Charlotte 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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