Living in Fostoria, Michigan
Cost of living, income, home prices, rent and demographics of Fostoria · Census data 2020–2024
Fostoria has 1,050 residents with a median age of 44.8. The median household income is $97,434 (34% higher than the Michigan median), the median home value is $123,300, the median rent is $1,007/month.
Fostoria is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Fostoria at a glance
- Population
- 1,050
- Median age
- 44.8State: 40.2
- Median household income
- $97,434State: $72,875
- Median home value
- $123,300State: $231,600
- Median rent
- $1,007/moState: $1,129
- Homeowners
- 90.7%
- Bachelor's degree or higher
- 7.8%
- Average commute
- 36 min
Is Fostoria a good place to live?
Pros: Median household income 34% higher than the Michigan median; home values 47% lower than the state median; a poverty rate of 8.2%.
Cons: An average commute of 36 minutes; unemployment of 12.9%.
The weather is best in June to September.
Cost of living in Fostoria
Housing is the biggest part of the cost of living. In Fostoria the median home value is $123,300, 63% lower than the U.S. median. Renters pay a median of $1,007 per month, which is 34.6% of household income. Homeowners with a mortgage pay $1,291 a month in housing costs.
Fostoria median household income
The median household income in Fostoria is $97,434 and the income per person is $38,644. 8.2% of residents live below the poverty line (Michigan: 13.2%).
Housing in Fostoria: homes for sale and rent
- Housing units
- 380
- Owner-occupied
- 90.7%
- Renter-occupied
- 9.3%
- Vacant
- 1.3%Includes seasonal homes
- Median year built
- 1955
- Average household size
- 2.80
Fostoria demographics
- Population
- 1,050
- Median age
- 44.8
- Under 18
- 15.4%
- 65 and older
- 25.2%
- Households
- 375
- Foreign-born
- 0.7%
- Veterans
- 6.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Fostoria ›
Education in Fostoria
7.8% of adults 25 and older in Fostoria have a bachelor's degree or higher (Michigan: 32.4%), and 0% have a graduate or professional degree.
Jobs and commute in Fostoria
- Unemployment rate
- 12.9%State: 5.7%
- Average commute
- 36 minState: 24 min
- Work from home
- 7.6%
- Drive alone
- 83.3%
- Public transit
- 3.1%
- Walk to work
- 0%
- Homes with broadband
- 74.4%
Fostoria vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Fostoria | 1,050 | $97,434 | $123,300 | $1,007 |
| Millers Lake | 554 | $70,298 | $216,700 | — |
| Otter Lake | 379 | $42,969 | $101,400 | $1,292 |
| Barnes Lake | 952 | $79,400 | $225,900 | — |
| Mayville | 1,045 | $52,500 | $121,300 | $669 |
| Columbiaville | 754 | $54,135 | $142,600 | $770 |
| Millington | 1,122 | $56,250 | $118,000 | $894 |
| North Branch | 1,166 | $56,731 | $152,000 | $735 |
| Clifford | 277 | $54,444 | $112,500 | $1,094 |
More for people moving to Fostoria
Fostoria ZIP code ›Weather and climate ›Living in Fostoria: FAQ
What is the median household income in Fostoria, MI?
The median household income in Fostoria is $97,434, 34% higher 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 Fostoria?
The median home value in Fostoria is $123,300, compared with $231,600 in Michigan.
How much is rent in Fostoria?
The median gross rent in Fostoria is $1,007 per month, about 34.6% of household income.
Is Fostoria, MI a good place to live?
Pluses: median household income 34% higher than the Michigan median; home values 47% lower than the state median; a poverty rate of 8.2%. Minuses: an average commute of 36 minutes; unemployment of 12.9%.
What is the median age in Fostoria?
The median age in Fostoria is 44.8 years (Michigan: 40.2).
How long is the commute in Fostoria?
The average commute to work in Fostoria is 36 minutes; 7.6% of workers work from home.
What is the unemployment rate in Fostoria?
The unemployment rate in Fostoria is 12.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Fostoria?
7.8% of adults in Fostoria 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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