Living in Saginaw, Michigan
Cost of living, income, home prices, rent and demographics of Saginaw · Census data 2020–2024
Saginaw has 43,536 residents with a median age of 35.5. The median household income is $38,579 (47% lower than the Michigan median), the median home value is $60,000, the median rent is $922/month.
Saginaw at a glance
- Population
- 43,536
- Median age
- 35.5State: 40.2
- Median household income
- $38,579State: $72,875
- Median home value
- $60,000State: $231,600
- Median rent
- $922/moState: $1,129
- Homeowners
- 60%
- Bachelor's degree or higher
- 13.3%
- Average commute
- 19 min
Is Saginaw a good place to live?
Pros: Home values 74% lower than the state median; an average commute of 19 minutes.
Cons: Median household income 47% lower than the Michigan median; unemployment of 10.1%; a poverty rate of 34%.
The weather is best in June to September.
Cost of living in Saginaw
Housing is the biggest part of the cost of living. In Saginaw the median home value is $60,000, 82% lower than the U.S. median. Renters pay a median of $922 per month, which is 39.4% of household income. Homeowners with a mortgage pay $973 a month in housing costs.
Saginaw median household income
The median household income in Saginaw is $38,579 and the income per person is $21,177. 34% of residents live below the poverty line (Michigan: 13.2%).
Housing in Saginaw: homes for sale and rent
- Housing units
- 21,063
- Owner-occupied
- 60%
- Renter-occupied
- 40%
- Vacant
- 15.5%Includes seasonal homes
- Median year built
- 1949
- Average household size
- 2.38
Saginaw demographics
- Population
- 43,536
- Median age
- 35.5
- Under 18
- 25.6%
- 65 and older
- 14.9%
- Households
- 17,789
- Foreign-born
- 1.4%
- Veterans
- 6.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Saginaw ›
Education in Saginaw
13.3% of adults 25 and older in Saginaw have a bachelor's degree or higher (Michigan: 32.4%), and 3.9% have a graduate or professional degree.
Jobs and commute in Saginaw
- Unemployment rate
- 10.1%State: 5.7%
- Average commute
- 19 minState: 24 min
- Work from home
- 7.7%
- Drive alone
- 73.4%
- Public transit
- 0.7%
- Walk to work
- 2.4%
- Homes with broadband
- 85.3%
Saginaw vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Saginaw | 43,536 | $38,579 | $60,000 | $922 |
| Buena Vista | 5,798 | $41,999 | $62,000 | $906 |
| Zilwaukee | 1,609 | $57,756 | $95,300 | $1,195 |
| Bridgeport | 6,884 | $51,071 | $98,800 | $710 |
| Shields | 7,402 | $82,125 | $174,500 | $941 |
| Robin Glen-Indiantown | 660 | $32,292 | — | $1,213 |
| Freeland | 7,557 | $110,547 | $265,900 | $1,245 |
| Frankenmuth | 5,157 | $85,433 | $300,500 | $851 |
| Bay City | 32,320 | $49,420 | $97,600 | $766 |
More for people moving to Saginaw
Saginaw ZIP code ›Weather and climate ›Living in Saginaw: FAQ
What is the median household income in Saginaw, MI?
The median household income in Saginaw is $38,579, 47% 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 Saginaw?
The median home value in Saginaw is $60,000, compared with $231,600 in Michigan.
How much is rent in Saginaw?
The median gross rent in Saginaw is $922 per month, about 39.4% of household income.
Is Saginaw, MI a good place to live?
Pluses: home values 74% lower than the state median; an average commute of 19 minutes. Minuses: median household income 47% lower than the Michigan median; unemployment of 10.1%; a poverty rate of 34%.
What is the median age in Saginaw?
The median age in Saginaw is 35.5 years (Michigan: 40.2).
How long is the commute in Saginaw?
The average commute to work in Saginaw is 19 minutes; 7.7% of workers work from home.
What is the unemployment rate in Saginaw?
The unemployment rate in Saginaw is 10.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Saginaw?
13.3% of adults in Saginaw 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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