Living in Fraser, Michigan
Cost of living, income, home prices, rent and demographics of Fraser · Census data 2020–2024
Fraser has 14,583 residents with a median age of 43. The median household income is $64,354 (12% lower than the Michigan median), the median home value is $215,900, the median rent is $843/month.
Fraser at a glance
- Population
- 14,583
- Median age
- 43State: 40.2
- Median household income
- $64,354State: $72,875
- Median home value
- $215,900State: $231,600
- Median rent
- $843/moState: $1,129
- Homeowners
- 73.3%
- Bachelor's degree or higher
- 22.7%
- Average commute
- 24 min
Is Fraser a good place to live?
Pros: Home values 7% lower than the state median; an average commute of 24 minutes; unemployment of 4.3%; a poverty rate of 10.4%.
Cons: Median household income 12% lower than the Michigan median.
The weather is best in June to September.
Cost of living in Fraser
Housing is the biggest part of the cost of living. In Fraser the median home value is $215,900, 35% lower than the U.S. median. Renters pay a median of $843 per month, which is 27.5% of household income. Homeowners with a mortgage pay $1,541 a month in housing costs.
Fraser median household income
The median household income in Fraser is $64,354 and the income per person is $43,471. 10.4% of residents live below the poverty line (Michigan: 13.2%).
Housing in Fraser: homes for sale and rent
- Housing units
- 6,870
- Owner-occupied
- 73.3%
- Renter-occupied
- 26.7%
- Vacant
- 4%Includes seasonal homes
- Median year built
- 1972
- Average household size
- 2.19
Fraser demographics
- Population
- 14,583
- Median age
- 43
- Under 18
- 17.9%
- 65 and older
- 20.6%
- Households
- 6,592
- Foreign-born
- 7.3%
- Veterans
- 5.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Fraser ›
Education in Fraser
22.7% of adults 25 and older in Fraser have a bachelor's degree or higher (Michigan: 32.4%), and 5.5% have a graduate or professional degree.
Jobs and commute in Fraser
- Unemployment rate
- 4.3%State: 5.7%
- Average commute
- 24 minState: 24 min
- Work from home
- 14%
- Drive alone
- 79.5%
- Public transit
- 0.7%
- Walk to work
- 1.3%
- Homes with broadband
- 93.4%
Fraser vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Fraser | 14,583 | $64,354 | $215,900 | $843 |
| Roseville | 47,123 | $62,182 | $155,800 | $1,233 |
| St. Clair Shores | 58,140 | $73,500 | $210,700 | $1,183 |
| Eastpointe | 33,982 | $62,325 | $142,200 | $1,325 |
| Warren | 137,928 | $64,016 | $193,400 | $1,225 |
| Sterling Heights | 133,573 | $79,909 | $274,300 | $1,292 |
| Mount Clemens | 15,511 | $52,310 | $179,400 | $847 |
| Center Line | 8,463 | $54,703 | $156,600 | $788 |
| Harper Woods | 15,116 | $65,022 | $157,200 | $1,351 |
More for people moving to Fraser
Fraser ZIP code ›Weather and climate ›Living in Fraser: FAQ
What is the median household income in Fraser, MI?
The median household income in Fraser is $64,354, 12% 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 Fraser?
The median home value in Fraser is $215,900, compared with $231,600 in Michigan.
How much is rent in Fraser?
The median gross rent in Fraser is $843 per month, about 27.5% of household income.
Is Fraser, MI a good place to live?
Pluses: home values 7% lower than the state median; an average commute of 24 minutes; unemployment of 4.3%; a poverty rate of 10.4%. Minuses: median household income 12% lower than the Michigan median.
What is the median age in Fraser?
The median age in Fraser is 43 years (Michigan: 40.2).
How long is the commute in Fraser?
The average commute to work in Fraser is 24 minutes; 14% of workers work from home.
What is the unemployment rate in Fraser?
The unemployment rate in Fraser is 4.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Fraser?
22.7% of adults in Fraser 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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