Living in Eastwood, Michigan

Cost of living, income, home prices, rent and demographics of Eastwood · Census data 2020–2024

Eastwood has 6,669 residents with a median age of 35. The median household income is $53,977 (26% lower than the Michigan median), the median home value is $160,600, the median rent is $1,065/month.

Eastwood at a glance

Population
6,669
Median age
35State: 40.2
Median household income
$53,977State: $72,875
Median home value
$160,600State: $231,600
Median rent
$1,065/moState: $1,129
Homeowners
60.2%
Bachelor's degree or higher
20.6%
Average commute
22 min

Is Eastwood a good place to live?

Pros: Home values 31% lower than the state median; an average commute of 22 minutes; unemployment of 5.5%; a poverty rate of 10.3%.

Cons: Median household income 26% lower than the Michigan median.

The weather is best in June to September.

Cost of living in Eastwood

Housing is the biggest part of the cost of living. In Eastwood the median home value is $160,600, 52% lower than the U.S. median. Renters pay a median of $1,065 per month, which is 31.9% of household income. Homeowners with a mortgage pay $1,037 a month in housing costs.

Median home value

Eastwood$160,600
Michigan$231,600
United States$332,700

Median monthly rent

Eastwood$1,065
Michigan$1,129
United States$1,413

Eastwood median household income

The median household income in Eastwood is $53,977 and the income per person is $27,583. 10.3% of residents live below the poverty line (Michigan: 13.2%).

Median household income

Eastwood$53,977
Michigan$72,875
United States$80,734

Housing in Eastwood: homes for sale and rent

Housing units
3,021
Owner-occupied
60.2%
Renter-occupied
39.8%
Vacant
5.9%Includes seasonal homes
Median year built
1953
Average household size
2.31

Eastwood demographics

Population
6,669
Median age
35
Under 18
23.4%
65 and older
13.6%
Households
2,842
Foreign-born
5.6%
Veterans
7.5%Adults 18+

Race and ethnicity

White64%
Hispanic or Latino12.9%
Black15.5%
Asian1.1%

Hispanic or Latino can be of any race. Population history of Eastwood ›

Education in Eastwood

20.6% of adults 25 and older in Eastwood have a bachelor's degree or higher (Michigan: 32.4%), and 5.2% have a graduate or professional degree.

Bachelor's degree or higher

Eastwood20.6%
Michigan32.4%
United States35.7%

Jobs and commute in Eastwood

Unemployment rate
5.5%State: 5.7%
Average commute
22 minState: 24 min
Work from home
8%
Drive alone
81.9%
Public transit
0.2%
Walk to work
0.1%
Homes with broadband
93.8%

Eastwood vs nearby towns

TownPopulationMedian incomeHome valueRent
Eastwood6,669$53,977$160,600$1,065
Comstock Northwest5,391$73,475$261,100$1,080
Parchment2,008$72,798$184,000$1,045
Kalamazoo73,076$52,272$179,000$1,078
Westwood8,867$58,205$193,400$1,233
Richland1,098$95,104$289,300$1,375
Galesburg2,023$52,153$120,800$903
Portage49,259$83,212$262,300$1,133
South Gull Lake1,801$188,750—$335

More for people moving to Eastwood

Eastwood ZIP code ›Weather and climate ›

Living in Eastwood: FAQ

What is the median household income in Eastwood, MI?

The median household income in Eastwood is $53,977, 26% 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 Eastwood?

The median home value in Eastwood is $160,600, compared with $231,600 in Michigan.

How much is rent in Eastwood?

The median gross rent in Eastwood is $1,065 per month, about 31.9% of household income.

Is Eastwood, MI a good place to live?

Pluses: home values 31% lower than the state median; an average commute of 22 minutes; unemployment of 5.5%; a poverty rate of 10.3%. Minuses: median household income 26% lower than the Michigan median.

What is the median age in Eastwood?

The median age in Eastwood is 35 years (Michigan: 40.2).

How long is the commute in Eastwood?

The average commute to work in Eastwood is 22 minutes; 8% of workers work from home.

What is the unemployment rate in Eastwood?

The unemployment rate in Eastwood is 5.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Eastwood?

20.6% of adults in Eastwood 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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