Living in Saranac, Michigan
Cost of living, income, home prices, rent and demographics of Saranac · Census data 2020–2024
Saranac has 2,013 residents with a median age of 35.6. The median household income is $66,944 (8% lower than the Michigan median), the median home value is $202,800, the median rent is $538/month.
Saranac at a glance
- Population
- 2,013
- Median age
- 35.6State: 40.2
- Median household income
- $66,944State: $72,875
- Median home value
- $202,800State: $231,600
- Median rent
- $538/moState: $1,129
- Homeowners
- 58.8%
- Bachelor's degree or higher
- 19.7%
- Average commute
- 24 min
Is Saranac a good place to live?
Pros: Home values 12% lower than the state median; an average commute of 24 minutes; unemployment of 4.4%.
Cons: Median household income 8% lower than the Michigan median; a poverty rate of 15.3%.
The weather is best in June to September.
Cost of living in Saranac
Housing is the biggest part of the cost of living. In Saranac the median home value is $202,800, 39% lower than the U.S. median. Renters pay a median of $538 per month, which is 28.8% of household income. Homeowners with a mortgage pay $1,454 a month in housing costs.
Saranac median household income
The median household income in Saranac is $66,944 and the income per person is $27,497. 15.3% of residents live below the poverty line (Michigan: 13.2%).
Housing in Saranac: homes for sale and rent
- Housing units
- 774
- Owner-occupied
- 58.8%
- Renter-occupied
- 41.2%
- Vacant
- 0.5%Includes seasonal homes
- Median year built
- 1966
- Average household size
- 2.61
Saranac demographics
- Population
- 2,013
- Median age
- 35.6
- Under 18
- 20.7%
- 65 and older
- 13.2%
- Households
- 770
- Foreign-born
- 1%
- Veterans
- 8%Adults 18+
Hispanic or Latino can be of any race. Population history of Saranac ›
Education in Saranac
19.7% of adults 25 and older in Saranac have a bachelor's degree or higher (Michigan: 32.4%), and 8.9% have a graduate or professional degree.
Jobs and commute in Saranac
- Unemployment rate
- 4.4%State: 5.7%
- Average commute
- 24 minState: 24 min
- Work from home
- 14.1%
- Drive alone
- 81.8%
- Public transit
- 0%
- Walk to work
- 0.6%
- Homes with broadband
- 91.8%
Saranac vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Saranac | 2,013 | $66,944 | $202,800 | $538 |
| Clarksville | 417 | $75,625 | $173,000 | $480 |
| Lowell | 4,139 | $72,875 | $228,400 | $1,056 |
| Ionia | 12,753 | $63,978 | $164,800 | $852 |
| Lake Odessa | 2,155 | $62,813 | $148,600 | $770 |
| Belding | 5,960 | $60,373 | $163,800 | $668 |
| Freeport | 523 | $66,250 | $175,600 | $779 |
| Lyons | 896 | $68,603 | $121,500 | $1,063 |
| Forest Hills | 28,695 | $158,005 | $498,500 | $1,958 |
More for people moving to Saranac
Saranac ZIP code ›Weather and climate ›Living in Saranac: FAQ
What is the median household income in Saranac, MI?
The median household income in Saranac is $66,944, 8% 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 Saranac?
The median home value in Saranac is $202,800, compared with $231,600 in Michigan.
How much is rent in Saranac?
The median gross rent in Saranac is $538 per month, about 28.8% of household income.
Is Saranac, MI a good place to live?
Pluses: home values 12% lower than the state median; an average commute of 24 minutes; unemployment of 4.4%. Minuses: median household income 8% lower than the Michigan median; a poverty rate of 15.3%.
What is the median age in Saranac?
The median age in Saranac is 35.6 years (Michigan: 40.2).
How long is the commute in Saranac?
The average commute to work in Saranac is 24 minutes; 14.1% of workers work from home.
What is the unemployment rate in Saranac?
The unemployment rate in Saranac is 4.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Saranac?
19.7% of adults in Saranac 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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