Living in Gaastra, Michigan
Cost of living, income, home prices, rent and demographics of Gaastra · Census data 2020–2024
Gaastra has 296 residents with a median age of 40.1. The median household income is $47,708 (35% lower than the Michigan median), the median home value is $49,200, the median rent is $685/month.
Gaastra is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Gaastra at a glance
- Population
- 296
- Median age
- 40.1State: 40.2
- Median household income
- $47,708State: $72,875
- Median home value
- $49,200State: $231,600
- Median rent
- $685/moState: $1,129
- Homeowners
- 90.9%
- Bachelor's degree or higher
- 18.4%
- Average commute
- 28 min
Is Gaastra a good place to live?
Pros: Home values 79% lower than the state median.
Cons: Median household income 35% lower than the Michigan median; an average commute of 28 minutes; unemployment of 11%; a poverty rate of 29.1%.
The weather is best in June to September.
Cost of living in Gaastra
Housing is the biggest part of the cost of living. In Gaastra the median home value is $49,200, 85% lower than the U.S. median. Renters pay a median of $685 per month, which is 51% of household income. Homeowners with a mortgage pay $755 a month in housing costs.
Gaastra median household income
The median household income in Gaastra is $47,708 and the income per person is $21,592. 29.1% of residents live below the poverty line (Michigan: 13.2%).
Housing in Gaastra: homes for sale and rent
- Housing units
- 167
- Owner-occupied
- 90.9%
- Renter-occupied
- 9.1%
- Vacant
- 27.5%Includes seasonal homes
- Median year built
- 1951
- Average household size
- 2.45
Gaastra demographics
- Population
- 296
- Median age
- 40.1
- Under 18
- 27.4%
- 65 and older
- 21.6%
- Households
- 121
- Foreign-born
- 2%
- Veterans
- 8.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Gaastra ›
Education in Gaastra
18.4% of adults 25 and older in Gaastra have a bachelor's degree or higher (Michigan: 32.4%), and 5.3% have a graduate or professional degree.
Jobs and commute in Gaastra
- Unemployment rate
- 11%State: 5.7%
- Average commute
- 28 minState: 24 min
- Work from home
- 11.4%
- Drive alone
- 81.9%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 89.3%
Gaastra vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Gaastra | 296 | $47,708 | $49,200 | $685 |
| Caspian | 600 | $32,794 | $79,100 | $665 |
| Iron River | 3,002 | $54,183 | $85,000 | $486 |
| Alpha | 215 | $39,115 | $34,100 | — |
| Crystal Falls | 1,719 | $60,865 | $83,300 | $791 |
| Amasa | 253 | $40,764 | $85,400 | $713 |
| Florence | 488 | $40,368 | $85,700 | $545 |
| Kingsford | 5,124 | $61,635 | $132,100 | $917 |
| Iron Mountain | 7,518 | $59,405 | $141,600 | $744 |
More for people moving to Gaastra
Gaastra ZIP code ›Weather and climate ›Living in Gaastra: FAQ
What is the median household income in Gaastra, MI?
The median household income in Gaastra is $47,708, 35% 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 Gaastra?
The median home value in Gaastra is $49,200, compared with $231,600 in Michigan.
How much is rent in Gaastra?
The median gross rent in Gaastra is $685 per month, about 51% of household income.
Is Gaastra, MI a good place to live?
Pluses: home values 79% lower than the state median. Minuses: median household income 35% lower than the Michigan median; an average commute of 28 minutes; unemployment of 11%; a poverty rate of 29.1%.
What is the median age in Gaastra?
The median age in Gaastra is 40.1 years (Michigan: 40.2).
How long is the commute in Gaastra?
The average commute to work in Gaastra is 28 minutes; 11.4% of workers work from home.
What is the unemployment rate in Gaastra?
The unemployment rate in Gaastra is 11% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Gaastra?
18.4% of adults in Gaastra 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.
Last updated: