Living in Lambertville, Michigan
Cost of living, income, home prices, rent and demographics of Lambertville · Census data 2020–2024
Lambertville has 9,955 residents with a median age of 46.4. The median household income is $102,521 (41% higher than the Michigan median), the median home value is $256,400, the median rent is $1,248/month.
Lambertville at a glance
- Population
- 9,955
- Median age
- 46.4State: 40.2
- Median household income
- $102,521State: $72,875
- Median home value
- $256,400State: $231,600
- Median rent
- $1,248/moState: $1,129
- Homeowners
- 95.8%
- Bachelor's degree or higher
- 30.2%
- Average commute
- 25 min
Is Lambertville a good place to live?
Pros: Median household income 41% higher than the Michigan median; unemployment of 2%; a poverty rate of 5.6%.
Cons: Home values 11% higher than the state median; an average commute of 25 minutes.
The weather is best in June to September.
Cost of living in Lambertville
Housing is the biggest part of the cost of living. In Lambertville the median home value is $256,400, 23% lower than the U.S. median. Renters pay a median of $1,248 per month, which is 26.8% of household income. Homeowners with a mortgage pay $1,632 a month in housing costs.
Lambertville median household income
The median household income in Lambertville is $102,521 and the income per person is $51,131. 5.6% of residents live below the poverty line (Michigan: 13.2%).
Housing in Lambertville: homes for sale and rent
- Housing units
- 4,179
- Owner-occupied
- 95.8%
- Renter-occupied
- 4.2%
- Vacant
- 3.6%Includes seasonal homes
- Median year built
- 1983
- Average household size
- 2.47
Lambertville demographics
- Population
- 9,955
- Median age
- 46.4
- Under 18
- 20.1%
- 65 and older
- 26.1%
- Households
- 4,027
- Foreign-born
- 3.1%
- Veterans
- 6.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Lambertville ›
Education in Lambertville
30.2% of adults 25 and older in Lambertville have a bachelor's degree or higher (Michigan: 32.4%), and 12.2% have a graduate or professional degree.
Jobs and commute in Lambertville
- Unemployment rate
- 2%State: 5.7%
- Average commute
- 25 minState: 24 min
- Work from home
- 5.5%
- Drive alone
- 82.7%
- Public transit
- 0.1%
- Walk to work
- 1.5%
- Homes with broadband
- 94.9%
Lambertville vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lambertville | 9,955 | $102,521 | $256,400 | $1,248 |
| Temperance | 8,914 | $81,503 | $250,100 | $1,321 |
| Sylvania | 19,055 | $100,189 | $249,200 | $1,072 |
| Ottawa Hills | 4,798 | $167,917 | $314,900 | $1,731 |
| Toledo | 267,463 | $49,724 | $114,500 | $901 |
| Holland | 1,438 | $64,868 | $256,000 | $833 |
| Harbor View | 110 | $72,083 | $105,000 | $638 |
| Luna Pier | 1,244 | $61,641 | $188,800 | $395 |
| Oregon | 19,799 | $82,197 | $204,600 | $900 |
More for people moving to Lambertville
Lambertville ZIP code ›Weather and climate ›Living in Lambertville: FAQ
What is the median household income in Lambertville, MI?
The median household income in Lambertville is $102,521, 41% 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 Lambertville?
The median home value in Lambertville is $256,400, compared with $231,600 in Michigan.
How much is rent in Lambertville?
The median gross rent in Lambertville is $1,248 per month, about 26.8% of household income.
Is Lambertville, MI a good place to live?
Pluses: median household income 41% higher than the Michigan median; unemployment of 2%; a poverty rate of 5.6%. Minuses: home values 11% higher than the state median; an average commute of 25 minutes.
What is the median age in Lambertville?
The median age in Lambertville is 46.4 years (Michigan: 40.2).
How long is the commute in Lambertville?
The average commute to work in Lambertville is 25 minutes; 5.5% of workers work from home.
What is the unemployment rate in Lambertville?
The unemployment rate in Lambertville is 2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lambertville?
30.2% of adults in Lambertville 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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