Living in Elsie, Michigan
Cost of living, income, home prices, rent and demographics of Elsie · Census data 2020–2024
Elsie has 1,000 residents with a median age of 44.1. The median household income is $59,318 (19% lower than the Michigan median), the median home value is $114,000, the median rent is $700/month.
Elsie is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Elsie at a glance
- Population
- 1,000
- Median age
- 44.1State: 40.2
- Median household income
- $59,318State: $72,875
- Median home value
- $114,000State: $231,600
- Median rent
- $700/moState: $1,129
- Homeowners
- 82.4%
- Bachelor's degree or higher
- 6.9%
- Average commute
- 31 min
Is Elsie a good place to live?
Pros: Home values 51% lower than the state median; a poverty rate of 11.9%.
Cons: Median household income 19% lower than the Michigan median; an average commute of 31 minutes; unemployment of 24.5%.
The weather is best in June to September.
Cost of living in Elsie
Housing is the biggest part of the cost of living. In Elsie the median home value is $114,000, 66% lower than the U.S. median. Renters pay a median of $700 per month, which is 26.7% of household income. Homeowners with a mortgage pay $1,207 a month in housing costs.
Elsie median household income
The median household income in Elsie is $59,318 and the income per person is $28,196. 11.9% of residents live below the poverty line (Michigan: 13.2%).
Housing in Elsie: homes for sale and rent
- Housing units
- 452
- Owner-occupied
- 82.4%
- Renter-occupied
- 17.6%
- Vacant
- 2.2%Includes seasonal homes
- Median year built
- 1958
- Average household size
- 2.23
Elsie demographics
- Population
- 1,000
- Median age
- 44.1
- Under 18
- 17.5%
- 65 and older
- 23.1%
- Households
- 442
- Foreign-born
- 0.2%
- Veterans
- 2.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Elsie ›
Education in Elsie
6.9% of adults 25 and older in Elsie have a bachelor's degree or higher (Michigan: 32.4%), and 1.9% have a graduate or professional degree.
Jobs and commute in Elsie
- Unemployment rate
- 24.5%State: 5.7%
- Average commute
- 31 minState: 24 min
- Work from home
- 8.6%
- Drive alone
- 77.2%
- Public transit
- 1.4%
- Walk to work
- 3.6%
- Homes with broadband
- 88.9%
Elsie vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Elsie | 1,000 | $59,318 | $114,000 | $700 |
| Ovid | 1,370 | $50,145 | $110,600 | $849 |
| Ashley | 483 | $58,846 | $109,500 | $950 |
| Henderson | 320 | $73,750 | $173,100 | $1,031 |
| St. Johns | 7,715 | $68,728 | $192,400 | $887 |
| Oakley | 257 | $53,750 | $84,000 | $907 |
| Lake Victoria | 1,006 | $120,156 | $370,800 | — |
| Owosso | 14,632 | $54,229 | $132,600 | $784 |
| Laingsburg | 1,769 | $77,400 | $210,100 | $888 |
More for people moving to Elsie
Elsie ZIP code ›Weather and climate ›Living in Elsie: FAQ
What is the median household income in Elsie, MI?
The median household income in Elsie is $59,318, 19% 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 Elsie?
The median home value in Elsie is $114,000, compared with $231,600 in Michigan.
How much is rent in Elsie?
The median gross rent in Elsie is $700 per month, about 26.7% of household income.
Is Elsie, MI a good place to live?
Pluses: home values 51% lower than the state median; a poverty rate of 11.9%. Minuses: median household income 19% lower than the Michigan median; an average commute of 31 minutes; unemployment of 24.5%.
What is the median age in Elsie?
The median age in Elsie is 44.1 years (Michigan: 40.2).
How long is the commute in Elsie?
The average commute to work in Elsie is 31 minutes; 8.6% of workers work from home.
What is the unemployment rate in Elsie?
The unemployment rate in Elsie is 24.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Elsie?
6.9% of adults in Elsie 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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