Living in Hersey, Michigan
Cost of living, income, home prices, rent and demographics of Hersey · Census data 2020–2024
Hersey has 360 residents with a median age of 30.8. The median household income is $60,500 (17% lower than the Michigan median), the median home value is $157,500, the median rent is $950/month.
Hersey is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Hersey at a glance
- Population
- 360
- Median age
- 30.8State: 40.2
- Median household income
- $60,500State: $72,875
- Median home value
- $157,500State: $231,600
- Median rent
- $950/moState: $1,129
- Homeowners
- 76.4%
- Bachelor's degree or higher
- 11.7%
- Average commute
- 34 min
Is Hersey a good place to live?
Pros: Home values 32% lower than the state median.
Cons: Median household income 17% lower than the Michigan median; an average commute of 34 minutes; unemployment of 8.8%; a poverty rate of 13.6%.
The weather is best in June to September.
Cost of living in Hersey
Housing is the biggest part of the cost of living. In Hersey the median home value is $157,500, 53% lower than the U.S. median. Renters pay a median of $950 per month, which is 26.3% of household income. Homeowners with a mortgage pay $989 a month in housing costs.
Hersey median household income
The median household income in Hersey is $60,500 and the income per person is $25,153. 13.6% of residents live below the poverty line (Michigan: 13.2%).
Housing in Hersey: homes for sale and rent
- Housing units
- 163
- Owner-occupied
- 76.4%
- Renter-occupied
- 23.6%
- Vacant
- 14.1%Includes seasonal homes
- Median year built
- 1962
- Average household size
- 2.57
Hersey demographics
- Population
- 360
- Median age
- 30.8
- Under 18
- 28.9%
- 65 and older
- 13.6%
- Households
- 140
- Foreign-born
- 0%
- Veterans
- 9.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Hersey ›
Education in Hersey
11.7% of adults 25 and older in Hersey have a bachelor's degree or higher (Michigan: 32.4%), and 2.7% have a graduate or professional degree.
Jobs and commute in Hersey
- Unemployment rate
- 8.8%State: 5.7%
- Average commute
- 34 minState: 24 min
- Work from home
- 5.9%
- Drive alone
- 71.9%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 90%
Hersey vs nearby towns
More for people moving to Hersey
Hersey ZIP code ›Weather and climate ›Living in Hersey: FAQ
What is the median household income in Hersey, MI?
The median household income in Hersey is $60,500, 17% 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 Hersey?
The median home value in Hersey is $157,500, compared with $231,600 in Michigan.
How much is rent in Hersey?
The median gross rent in Hersey is $950 per month, about 26.3% of household income.
Is Hersey, MI a good place to live?
Pluses: home values 32% lower than the state median. Minuses: median household income 17% lower than the Michigan median; an average commute of 34 minutes; unemployment of 8.8%; a poverty rate of 13.6%.
What is the median age in Hersey?
The median age in Hersey is 30.8 years (Michigan: 40.2).
How long is the commute in Hersey?
The average commute to work in Hersey is 34 minutes; 5.9% of workers work from home.
What is the unemployment rate in Hersey?
The unemployment rate in Hersey is 8.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Hersey?
11.7% of adults in Hersey 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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