Living in Reed City, Michigan
Cost of living, income, home prices, rent and demographics of Reed City · Census data 2020–2024
Reed City has 2,517 residents with a median age of 40.1. The median household income is $52,304 (28% lower than the Michigan median), the median home value is $115,000, the median rent is $714/month.
Reed City at a glance
- Population
- 2,517
- Median age
- 40.1State: 40.2
- Median household income
- $52,304State: $72,875
- Median home value
- $115,000State: $231,600
- Median rent
- $714/moState: $1,129
- Homeowners
- 59%
- Bachelor's degree or higher
- 14%
- Average commute
- 21 min
Is Reed City a good place to live?
Pros: Home values 50% lower than the state median; an average commute of 21 minutes.
Cons: Median household income 28% lower than the Michigan median; unemployment of 10.9%; a poverty rate of 19.9%.
The weather is best in June to September.
Cost of living in Reed City
Housing is the biggest part of the cost of living. In Reed City the median home value is $115,000, 65% lower than the U.S. median. Renters pay a median of $714 per month, which is 24.4% of household income. Homeowners with a mortgage pay $961 a month in housing costs.
Reed City median household income
The median household income in Reed City is $52,304 and the income per person is $25,769. 19.9% of residents live below the poverty line (Michigan: 13.2%).
Housing in Reed City: homes for sale and rent
- Housing units
- 1,180
- Owner-occupied
- 59%
- Renter-occupied
- 41%
- Vacant
- 9.4%Includes seasonal homes
- Median year built
- 1961
- Average household size
- 2.25
Reed City demographics
- Population
- 2,517
- Median age
- 40.1
- Under 18
- 17.9%
- 65 and older
- 21%
- Households
- 1,069
- Foreign-born
- 1%
- Veterans
- 10%Adults 18+
Hispanic or Latino can be of any race. Population history of Reed City ›
Education in Reed City
14% of adults 25 and older in Reed City have a bachelor's degree or higher (Michigan: 32.4%), and 5.1% have a graduate or professional degree.
Jobs and commute in Reed City
- Unemployment rate
- 10.9%State: 5.7%
- Average commute
- 21 minState: 24 min
- Work from home
- 11.8%
- Drive alone
- 70.2%
- Public transit
- 0%
- Walk to work
- 5.3%
- Homes with broadband
- 88%
Reed City vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Reed City | 2,517 | $52,304 | $115,000 | $714 |
| Hersey | 360 | $60,500 | $157,500 | $950 |
| Paris | 202 | $68,281 | $155,600 | — |
| Le Roy | 202 | $70,250 | $137,500 | — |
| Evart | 1,667 | $34,318 | $105,500 | $800 |
| Big Rapids | 8,477 | $43,858 | $156,400 | $929 |
| Luther | 303 | $54,167 | $102,300 | $1,054 |
| Tustin | 203 | $91,250 | $114,800 | — |
| Baldwin | 1,261 | $25,250 | $106,300 | $628 |
More for people moving to Reed City
Reed City ZIP code ›Weather and climate ›Living in Reed City: FAQ
What is the median household income in Reed City, MI?
The median household income in Reed City is $52,304, 28% 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 Reed City?
The median home value in Reed City is $115,000, compared with $231,600 in Michigan.
How much is rent in Reed City?
The median gross rent in Reed City is $714 per month, about 24.4% of household income.
Is Reed City, MI a good place to live?
Pluses: home values 50% lower than the state median; an average commute of 21 minutes. Minuses: median household income 28% lower than the Michigan median; unemployment of 10.9%; a poverty rate of 19.9%.
What is the median age in Reed City?
The median age in Reed City is 40.1 years (Michigan: 40.2).
How long is the commute in Reed City?
The average commute to work in Reed City is 21 minutes; 11.8% of workers work from home.
What is the unemployment rate in Reed City?
The unemployment rate in Reed City is 10.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Reed City?
14% of adults in Reed City 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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