Living in Pentwater, Michigan
Cost of living, income, home prices, rent and demographics of Pentwater · Census data 2020–2024
Pentwater has 872 residents with a median age of 64.1. The median household income is $80,750 (11% higher than the Michigan median), the median home value is $344,300, the median rent is $556/month.
Pentwater is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Pentwater at a glance
- Population
- 872
- Median age
- 64.1State: 40.2
- Median household income
- $80,750State: $72,875
- Median home value
- $344,300State: $231,600
- Median rent
- $556/moState: $1,129
- Homeowners
- 84.9%
- Bachelor's degree or higher
- 54%
- Average commute
- 17 min
Is Pentwater a good place to live?
Pros: Median household income 11% higher than the Michigan median; an average commute of 17 minutes; unemployment of 5.5%; a poverty rate of 10.3%.
Cons: Home values 49% higher than the state median.
The weather is best in June to September.
Cost of living in Pentwater
Housing is the biggest part of the cost of living. In Pentwater the median home value is $344,300, 3% higher than the U.S. median. Renters pay a median of $556 per month, which is 24.4% of household income. Homeowners with a mortgage pay $1,663 a month in housing costs.
Pentwater median household income
The median household income in Pentwater is $80,750 and the income per person is $60,972. 10.3% of residents live below the poverty line (Michigan: 13.2%).
Housing in Pentwater: homes for sale and rent
- Housing units
- 1,013
- Owner-occupied
- 84.9%
- Renter-occupied
- 15.1%
- Vacant
- 57.6%Includes seasonal homes
- Median year built
- 1970
- Average household size
- 2.03
57.6% of homes are vacant most of the year, a sign that Pentwater has many vacation and second homes.
Pentwater demographics
- Population
- 872
- Median age
- 64.1
- Under 18
- 9.6%
- 65 and older
- 47.2%
- Households
- 430
- Foreign-born
- 0.5%
- Veterans
- 9.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Pentwater ›
Education in Pentwater
54% of adults 25 and older in Pentwater have a bachelor's degree or higher (Michigan: 32.4%), and 19.9% have a graduate or professional degree.
Jobs and commute in Pentwater
- Unemployment rate
- 5.5%State: 5.7%
- Average commute
- 17 minState: 24 min
- Work from home
- 29.6%
- Drive alone
- 64.5%
- Public transit
- 0%
- Walk to work
- 3.4%
- Homes with broadband
- 91.9%
Pentwater vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Pentwater | 872 | $80,750 | $344,300 | $556 |
| Mears | 204 | $44,583 | $131,300 | $1,031 |
| Hart | 1,924 | $50,956 | $140,900 | $757 |
| Shelby | 2,577 | $49,855 | $155,600 | $680 |
| Ludington | 7,676 | $46,411 | $201,100 | $902 |
| Scottville | 1,474 | $51,953 | $134,300 | $769 |
| New Era | 433 | $77,125 | $180,800 | $900 |
| Custer | 275 | $63,125 | $131,300 | $769 |
| Walkerville | 202 | $33,750 | $53,100 | $1,125 |
More for people moving to Pentwater
Pentwater ZIP code ›Weather and climate ›Living in Pentwater: FAQ
What is the median household income in Pentwater, MI?
The median household income in Pentwater is $80,750, 11% 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 Pentwater?
The median home value in Pentwater is $344,300, compared with $231,600 in Michigan.
How much is rent in Pentwater?
The median gross rent in Pentwater is $556 per month, about 24.4% of household income.
Is Pentwater, MI a good place to live?
Pluses: median household income 11% higher than the Michigan median; an average commute of 17 minutes; unemployment of 5.5%; a poverty rate of 10.3%. Minuses: home values 49% higher than the state median.
What is the median age in Pentwater?
The median age in Pentwater is 64.1 years (Michigan: 40.2).
How long is the commute in Pentwater?
The average commute to work in Pentwater is 17 minutes; 29.6% of workers work from home.
What is the unemployment rate in Pentwater?
The unemployment rate in Pentwater is 5.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Pentwater?
54% of adults in Pentwater 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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