Living in Leonard, Michigan
Cost of living, income, home prices, rent and demographics of Leonard · Census data 2020–2024
Leonard has 346 residents with a median age of 40.5. The median household income is $76,875 (5% higher than the Michigan median), the median home value is $245,200.
Leonard is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Leonard at a glance
- Population
- 346
- Median age
- 40.5State: 40.2
- Median household income
- $76,875State: $72,875
- Median home value
- $245,200State: $231,600
- Homeowners
- 96.7%
- Bachelor's degree or higher
- 33.2%
- Average commute
- 36 min
Is Leonard a good place to live?
Pros: Median household income 5% higher than the Michigan median; unemployment of 2.8%; a poverty rate of 4.6%.
Cons: Home values 6% higher than the state median; an average commute of 36 minutes.
The weather is best in June to September.
Cost of living in Leonard
Housing is the biggest part of the cost of living. In Leonard the median home value is $245,200, 26% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,600 a month in housing costs.
Leonard median household income
The median household income in Leonard is $76,875 and the income per person is $32,678. 4.6% of residents live below the poverty line (Michigan: 13.2%).
Housing in Leonard: homes for sale and rent
- Housing units
- 154
- Owner-occupied
- 96.7%
- Renter-occupied
- 3.3%
- Vacant
- 21.4%Includes seasonal homes
- Median year built
- 1949
- Average household size
- 2.86
Leonard demographics
- Population
- 346
- Median age
- 40.5
- Under 18
- 30.3%
- 65 and older
- 24.6%
- Households
- 121
- Foreign-born
- 0%
- Veterans
- 11.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Leonard ›
Education in Leonard
33.2% of adults 25 and older in Leonard have a bachelor's degree or higher (Michigan: 32.4%), and 13.5% have a graduate or professional degree.
Jobs and commute in Leonard
- Unemployment rate
- 2.8%State: 5.7%
- Average commute
- 36 minState: 24 min
- Work from home
- 5%
- Drive alone
- 74.3%
- Public transit
- 0%
- Walk to work
- 3.6%
- Homes with broadband
- 92.6%
Leonard vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Leonard | 346 | $76,875 | $245,200 | — |
| Dryden | 1,182 | $70,352 | $208,300 | $1,238 |
| Almont | 2,838 | $83,537 | $246,500 | $988 |
| Oxford | 3,474 | $83,611 | $347,800 | $962 |
| Lake Orion | 2,863 | $101,318 | $376,600 | $798 |
| Romeo | 3,578 | $74,323 | $266,200 | $981 |
| Metamora | 693 | $85,750 | $270,900 | $794 |
| Imlay City | 3,721 | $59,911 | $150,000 | $895 |
| Attica | 627 | $39,318 | $186,300 | — |
More for people moving to Leonard
Leonard ZIP code ›Weather and climate ›Living in Leonard: FAQ
What is the median household income in Leonard, MI?
The median household income in Leonard is $76,875, 5% 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 Leonard?
The median home value in Leonard is $245,200, compared with $231,600 in Michigan.
Is Leonard, MI a good place to live?
Pluses: median household income 5% higher than the Michigan median; unemployment of 2.8%; a poverty rate of 4.6%. Minuses: home values 6% higher than the state median; an average commute of 36 minutes.
What is the median age in Leonard?
The median age in Leonard is 40.5 years (Michigan: 40.2).
How long is the commute in Leonard?
The average commute to work in Leonard is 36 minutes; 5% of workers work from home.
What is the unemployment rate in Leonard?
The unemployment rate in Leonard is 2.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Leonard?
33.2% of adults in Leonard 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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