Living in Ithaca, Michigan
Cost of living, income, home prices, rent and demographics of Ithaca · Census data 2020–2024
Ithaca has 2,817 residents with a median age of 42.5. The median household income is $63,109 (13% lower than the Michigan median), the median home value is $133,200, the median rent is $819/month.
Ithaca at a glance
- Population
- 2,817
- Median age
- 42.5State: 40.2
- Median household income
- $63,109State: $72,875
- Median home value
- $133,200State: $231,600
- Median rent
- $819/moState: $1,129
- Homeowners
- 72.3%
- Bachelor's degree or higher
- 26.3%
- Average commute
- 24 min
Is Ithaca a good place to live?
Pros: Home values 42% lower than the state median; an average commute of 24 minutes; unemployment of 1.3%.
Cons: Median household income 13% lower than the Michigan median; a poverty rate of 16.8%.
The weather is best in June to September.
Cost of living in Ithaca
Housing is the biggest part of the cost of living. In Ithaca the median home value is $133,200, 60% lower than the U.S. median. Renters pay a median of $819 per month, which is 28.2% of household income. Homeowners with a mortgage pay $1,227 a month in housing costs.
Ithaca median household income
The median household income in Ithaca is $63,109 and the income per person is $30,647. 16.8% of residents live below the poverty line (Michigan: 13.2%).
Housing in Ithaca: homes for sale and rent
- Housing units
- 1,255
- Owner-occupied
- 72.3%
- Renter-occupied
- 27.7%
- Vacant
- 4.5%Includes seasonal homes
- Median year built
- 1958
- Average household size
- 2.26
Ithaca demographics
- Population
- 2,817
- Median age
- 42.5
- Under 18
- 16.8%
- 65 and older
- 15.3%
- Households
- 1,199
- Foreign-born
- 1.2%
- Veterans
- 7.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Ithaca ›
Education in Ithaca
26.3% of adults 25 and older in Ithaca have a bachelor's degree or higher (Michigan: 32.4%), and 5.4% have a graduate or professional degree.
Jobs and commute in Ithaca
- Unemployment rate
- 1.3%State: 5.7%
- Average commute
- 24 minState: 24 min
- Work from home
- 0.7%
- Drive alone
- 90.4%
- Public transit
- 0%
- Walk to work
- 2.2%
- Homes with broadband
- 87.9%
Ithaca vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Ithaca | 2,817 | $63,109 | $133,200 | $819 |
| Alma | 9,396 | $53,307 | $115,900 | $836 |
| St. Louis | 7,367 | $51,167 | $119,200 | $794 |
| Perrinton | 513 | $58,333 | $116,500 | $1,023 |
| Ashley | 483 | $58,846 | $109,500 | $950 |
| Breckenridge | 1,517 | $57,540 | $111,500 | $731 |
| Maple Rapids | 727 | $51,786 | $131,000 | $433 |
| Carson City | 1,233 | $44,375 | $123,600 | $680 |
| Merrill | 798 | $47,500 | $93,200 | $719 |
More for people moving to Ithaca
Ithaca ZIP code ›Weather and climate ›Living in Ithaca: FAQ
What is the median household income in Ithaca, MI?
The median household income in Ithaca is $63,109, 13% 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 Ithaca?
The median home value in Ithaca is $133,200, compared with $231,600 in Michigan.
How much is rent in Ithaca?
The median gross rent in Ithaca is $819 per month, about 28.2% of household income.
Is Ithaca, MI a good place to live?
Pluses: home values 42% lower than the state median; an average commute of 24 minutes; unemployment of 1.3%. Minuses: median household income 13% lower than the Michigan median; a poverty rate of 16.8%.
What is the median age in Ithaca?
The median age in Ithaca is 42.5 years (Michigan: 40.2).
How long is the commute in Ithaca?
The average commute to work in Ithaca is 24 minutes; 0.7% of workers work from home.
What is the unemployment rate in Ithaca?
The unemployment rate in Ithaca is 1.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Ithaca?
26.3% of adults in Ithaca 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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