Living in Reese, Michigan
Cost of living, income, home prices, rent and demographics of Reese · Census data 2020–2024
Reese has 1,274 residents with a median age of 46.9. The median household income is $82,361 (13% higher than the Michigan median), the median home value is $174,700, the median rent is $879/month.
Reese is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Reese at a glance
- Population
- 1,274
- Median age
- 46.9State: 40.2
- Median household income
- $82,361State: $72,875
- Median home value
- $174,700State: $231,600
- Median rent
- $879/moState: $1,129
- Homeowners
- 75.1%
- Bachelor's degree or higher
- 29.3%
- Average commute
- 22 min
Is Reese a good place to live?
Pros: Median household income 13% higher than the Michigan median; home values 25% lower than the state median; an average commute of 22 minutes; a poverty rate of 2.6%.
Cons: Unemployment of 11.3%.
The weather is best in June to September.
Cost of living in Reese
Housing is the biggest part of the cost of living. In Reese the median home value is $174,700, 47% lower than the U.S. median. Renters pay a median of $879 per month, which is 20% of household income. Homeowners with a mortgage pay $1,338 a month in housing costs.
Reese median household income
The median household income in Reese is $82,361 and the income per person is $43,270. 2.6% of residents live below the poverty line (Michigan: 13.2%).
Housing in Reese: homes for sale and rent
- Housing units
- 600
- Owner-occupied
- 75.1%
- Renter-occupied
- 24.9%
- Vacant
- 4.2%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 2.22
Reese demographics
- Population
- 1,274
- Median age
- 46.9
- Under 18
- 18.4%
- 65 and older
- 27.2%
- Households
- 575
- Foreign-born
- 0.2%
- Veterans
- 7.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Reese ›
Education in Reese
29.3% of adults 25 and older in Reese have a bachelor's degree or higher (Michigan: 32.4%), and 10.7% have a graduate or professional degree.
Jobs and commute in Reese
- Unemployment rate
- 11.3%State: 5.7%
- Average commute
- 22 minState: 24 min
- Work from home
- 6.5%
- Drive alone
- 82.7%
- Public transit
- 0%
- Walk to work
- 2.9%
- Homes with broadband
- 92.2%
Reese vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Reese | 1,274 | $82,361 | $174,700 | $879 |
| Robin Glen-Indiantown | 660 | $32,292 | — | $1,213 |
| Vassar | 2,707 | $59,444 | $143,200 | $744 |
| Frankenmuth | 5,157 | $85,433 | $300,500 | $851 |
| Fairgrove | 547 | $42,500 | $78,600 | $842 |
| Buena Vista | 5,798 | $41,999 | $62,000 | $906 |
| Bridgeport | 6,884 | $51,071 | $98,800 | $710 |
| Akron | 336 | $50,179 | $82,900 | $938 |
| Zilwaukee | 1,609 | $57,756 | $95,300 | $1,195 |
More for people moving to Reese
Reese ZIP code ›Weather and climate ›Living in Reese: FAQ
What is the median household income in Reese, MI?
The median household income in Reese is $82,361, 13% 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 Reese?
The median home value in Reese is $174,700, compared with $231,600 in Michigan.
How much is rent in Reese?
The median gross rent in Reese is $879 per month, about 20% of household income.
Is Reese, MI a good place to live?
Pluses: median household income 13% higher than the Michigan median; home values 25% lower than the state median; an average commute of 22 minutes; a poverty rate of 2.6%. Minuses: unemployment of 11.3%.
What is the median age in Reese?
The median age in Reese is 46.9 years (Michigan: 40.2).
How long is the commute in Reese?
The average commute to work in Reese is 22 minutes; 6.5% of workers work from home.
What is the unemployment rate in Reese?
The unemployment rate in Reese is 11.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Reese?
29.3% of adults in Reese 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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