Living in Parkdale, Michigan

Cost of living, income, home prices, rent and demographics of Parkdale · Census data 2020–2024

Parkdale has 573 residents with a median age of 66.5. The median household income is $45,000 (38% lower than the Michigan median), the median home value is $122,100.

Parkdale is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Parkdale at a glance

Population
573
Median age
66.5State: 40.2
Median household income
$45,000State: $72,875
Median home value
$122,100State: $231,600
Homeowners
95.6%
Bachelor's degree or higher
22.5%
Average commute
21 min

Is Parkdale a good place to live?

Pros: Home values 47% lower than the state median; an average commute of 21 minutes.

Cons: Median household income 38% lower than the Michigan median; a poverty rate of 27.1%.

The weather is best in June to September.

Cost of living in Parkdale

Housing is the biggest part of the cost of living. In Parkdale the median home value is $122,100, 63% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $938 a month in housing costs.

Median home value

Parkdale$122,100
Michigan$231,600
United States$332,700

Median monthly rent

Michigan$1,129
United States$1,413

Parkdale median household income

The median household income in Parkdale is $45,000 and the income per person is $24,523. 27.1% of residents live below the poverty line (Michigan: 13.2%).

Median household income

Parkdale$45,000
Michigan$72,875
United States$80,734

Housing in Parkdale: homes for sale and rent

Housing units
286
Owner-occupied
95.6%
Renter-occupied
4.4%
Vacant
11.9%Includes seasonal homes
Median year built
1974
Average household size
1.73

Parkdale demographics

Population
573
Median age
66.5
Under 18
14%
65 and older
51.8%
Households
252
Foreign-born
2.3%
Veterans
9.9%Adults 18+

Race and ethnicity

White90.6%
Hispanic or Latino2.1%
Black3%
Asian0%

Hispanic or Latino can be of any race. Population history of Parkdale ›

Education in Parkdale

22.5% of adults 25 and older in Parkdale have a bachelor's degree or higher (Michigan: 32.4%), and 8.1% have a graduate or professional degree.

Bachelor's degree or higher

Parkdale22.5%
Michigan32.4%
United States35.7%

Jobs and commute in Parkdale

Unemployment rate
0%State: 5.7%
Average commute
21 minState: 24 min
Work from home
0%
Drive alone
70.6%
Public transit
0%
Walk to work
8.7%
Homes with broadband
79.8%

Parkdale vs nearby towns

TownPopulationMedian incomeHome valueRent
Parkdale573$45,000$122,100—
Eastlake318$50,139$122,400—
Manistee6,275$60,541$164,100$768
Oak Hill519$59,115$126,900—
Filer City178$47,083$96,100—
Stronach155$66,719$109,400—
Onekama305$32,969$185,300$488
Free Soil112$58,750$115,600$917
Bear Lake264$63,281$155,400—

More for people moving to Parkdale

Parkdale ZIP code ›Weather and climate ›

Living in Parkdale: FAQ

What is the median household income in Parkdale, MI?

The median household income in Parkdale is $45,000, 38% 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 Parkdale?

The median home value in Parkdale is $122,100, compared with $231,600 in Michigan.

Is Parkdale, MI a good place to live?

Pluses: home values 47% lower than the state median; an average commute of 21 minutes. Minuses: median household income 38% lower than the Michigan median; a poverty rate of 27.1%.

What is the median age in Parkdale?

The median age in Parkdale is 66.5 years (Michigan: 40.2).

How long is the commute in Parkdale?

The average commute to work in Parkdale is 21 minutes; 0% of workers work from home.

What is the unemployment rate in Parkdale?

The unemployment rate in Parkdale is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Parkdale?

22.5% of adults in Parkdale 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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