Living in Schoolcraft, Michigan

Cost of living, income, home prices, rent and demographics of Schoolcraft · Census data 2020–2024

Schoolcraft has 1,275 residents with a median age of 35.2. The median household income is $75,000 (about the same as the Michigan median), the median home value is $224,800, the median rent is $918/month.

Schoolcraft is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Schoolcraft at a glance

Population
1,275
Median age
35.2State: 40.2
Median household income
$75,000State: $72,875
Median home value
$224,800State: $231,600
Median rent
$918/moState: $1,129
Homeowners
75%
Bachelor's degree or higher
30.8%
Average commute
23 min

Is Schoolcraft a good place to live?

Pros: Median household income about the same as the Michigan median; home values about the same as the state median; an average commute of 23 minutes; unemployment of 1.8%; a poverty rate of 8.8%.

The weather is best in June to September.

Cost of living in Schoolcraft

Housing is the biggest part of the cost of living. In Schoolcraft the median home value is $224,800, 32% lower than the U.S. median. Renters pay a median of $918 per month, which is 31.1% of household income. Homeowners with a mortgage pay $1,557 a month in housing costs.

Median home value

Schoolcraft$224,800
Michigan$231,600
United States$332,700

Median monthly rent

Schoolcraft$918
Michigan$1,129
United States$1,413

Schoolcraft median household income

The median household income in Schoolcraft is $75,000 and the income per person is $38,341. 8.8% of residents live below the poverty line (Michigan: 13.2%).

Median household income

Schoolcraft$75,000
Michigan$72,875
United States$80,734

Housing in Schoolcraft: homes for sale and rent

Housing units
522
Owner-occupied
75%
Renter-occupied
25%
Vacant
2.7%Includes seasonal homes
Median year built
1970
Average household size
2.51

Schoolcraft demographics

Population
1,275
Median age
35.2
Under 18
26.8%
65 and older
15.9%
Households
508
Foreign-born
0.9%
Veterans
3.5%Adults 18+

Race and ethnicity

White91.1%
Hispanic or Latino4.2%
Black0.7%
Asian0%

Hispanic or Latino can be of any race. Population history of Schoolcraft ›

Education in Schoolcraft

30.8% of adults 25 and older in Schoolcraft have a bachelor's degree or higher (Michigan: 32.4%), and 13% have a graduate or professional degree.

Bachelor's degree or higher

Schoolcraft30.8%
Michigan32.4%
United States35.7%

Jobs and commute in Schoolcraft

Unemployment rate
1.8%State: 5.7%
Average commute
23 minState: 24 min
Work from home
7.5%
Drive alone
79.1%
Public transit
0%
Walk to work
1.8%
Homes with broadband
85.4%

Schoolcraft vs nearby towns

TownPopulationMedian incomeHome valueRent
Schoolcraft1,275$75,000$224,800$918
Vicksburg3,934$72,656$231,500$964
Portage49,259$83,212$262,300$1,133
Mattawan2,692$61,587$181,600$1,066
Marcellus1,112$52,917$120,400$811
Kalamazoo73,076$52,272$179,000$1,078
Lawton2,104$52,652$171,100$812
Three Rivers7,943$49,503$134,900$839
Mendon815$82,292$142,900$1,007

More for people moving to Schoolcraft

Schoolcraft ZIP code ›Weather and climate ›

Living in Schoolcraft: FAQ

What is the median household income in Schoolcraft, MI?

The median household income in Schoolcraft is $75,000, about the same as 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 Schoolcraft?

The median home value in Schoolcraft is $224,800, compared with $231,600 in Michigan.

How much is rent in Schoolcraft?

The median gross rent in Schoolcraft is $918 per month, about 31.1% of household income.

Is Schoolcraft, MI a good place to live?

Pluses: median household income about the same as the Michigan median; home values about the same as the state median; an average commute of 23 minutes; unemployment of 1.8%; a poverty rate of 8.8%.

What is the median age in Schoolcraft?

The median age in Schoolcraft is 35.2 years (Michigan: 40.2).

How long is the commute in Schoolcraft?

The average commute to work in Schoolcraft is 23 minutes; 7.5% of workers work from home.

What is the unemployment rate in Schoolcraft?

The unemployment rate in Schoolcraft is 1.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Schoolcraft?

30.8% of adults in Schoolcraft 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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