Living in Lawrence, Michigan
Cost of living, income, home prices, rent and demographics of Lawrence · Census data 2020–2024
Lawrence has 942 residents with a median age of 36.6. The median household income is $36,058 (51% lower than the Michigan median), the median home value is $133,900, the median rent is $587/month.
Lawrence is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Lawrence at a glance
- Population
- 942
- Median age
- 36.6State: 40.2
- Median household income
- $36,058State: $72,875
- Median home value
- $133,900State: $231,600
- Median rent
- $587/moState: $1,129
- Homeowners
- 51.2%
- Bachelor's degree or higher
- 17.8%
- Average commute
- 26 min
Is Lawrence a good place to live?
Pros: Home values 42% lower than the state median.
Cons: Median household income 51% lower than the Michigan median; an average commute of 26 minutes; unemployment of 11.1%; a poverty rate of 28.9%.
The weather is best in June to September.
Cost of living in Lawrence
Housing is the biggest part of the cost of living. In Lawrence the median home value is $133,900, 60% lower than the U.S. median. Renters pay a median of $587 per month, which is 28.8% of household income. Homeowners with a mortgage pay $1,079 a month in housing costs.
Lawrence median household income
The median household income in Lawrence is $36,058 and the income per person is $21,878. 28.9% of residents live below the poverty line (Michigan: 13.2%).
Housing in Lawrence: homes for sale and rent
- Housing units
- 402
- Owner-occupied
- 51.2%
- Renter-occupied
- 48.8%
- Vacant
- 7.7%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 2.52
Lawrence demographics
- Population
- 942
- Median age
- 36.6
- Under 18
- 26.5%
- 65 and older
- 15.4%
- Households
- 371
- Foreign-born
- 11.5%
- Veterans
- 5.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Lawrence ›
Education in Lawrence
17.8% of adults 25 and older in Lawrence have a bachelor's degree or higher (Michigan: 32.4%), and 9.1% have a graduate or professional degree.
Jobs and commute in Lawrence
- Unemployment rate
- 11.1%State: 5.7%
- Average commute
- 26 minState: 24 min
- Work from home
- 4.3%
- Drive alone
- 83.5%
- Public transit
- 0%
- Walk to work
- 0.8%
- Homes with broadband
- 84.6%
Lawrence vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lawrence | 942 | $36,058 | $133,900 | $587 |
| Hartford | 2,458 | $42,171 | $108,700 | $837 |
| Bangor | 2,129 | $49,764 | $111,200 | $924 |
| Paw Paw | 3,289 | $41,587 | $148,200 | $761 |
| Decatur | 1,835 | $61,806 | $137,500 | $785 |
| Breedsville | 288 | $98,750 | $217,200 | — |
| Watervliet | 2,156 | $61,167 | $137,500 | $885 |
| Paw Paw Lake | 3,889 | $67,674 | $191,700 | $1,164 |
| Lawton | 2,104 | $52,652 | $171,100 | $812 |
More for people moving to Lawrence
Lawrence ZIP code ›Weather and climate ›Living in Lawrence: FAQ
What is the median household income in Lawrence, MI?
The median household income in Lawrence is $36,058, 51% 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 Lawrence?
The median home value in Lawrence is $133,900, compared with $231,600 in Michigan.
How much is rent in Lawrence?
The median gross rent in Lawrence is $587 per month, about 28.8% of household income.
Is Lawrence, MI a good place to live?
Pluses: home values 42% lower than the state median. Minuses: median household income 51% lower than the Michigan median; an average commute of 26 minutes; unemployment of 11.1%; a poverty rate of 28.9%.
What is the median age in Lawrence?
The median age in Lawrence is 36.6 years (Michigan: 40.2).
How long is the commute in Lawrence?
The average commute to work in Lawrence is 26 minutes; 4.3% of workers work from home.
What is the unemployment rate in Lawrence?
The unemployment rate in Lawrence is 11.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lawrence?
17.8% of adults in Lawrence 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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