Living in Shoreham, Michigan
Cost of living, income, home prices, rent and demographics of Shoreham · Census data 2020–2024
Shoreham has 1,100 residents with a median age of 44.8. The median household income is $113,750 (56% higher than the Michigan median), the median home value is $304,800, the median rent is $1,367/month.
Shoreham is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Shoreham at a glance
- Population
- 1,100
- Median age
- 44.8State: 40.2
- Median household income
- $113,750State: $72,875
- Median home value
- $304,800State: $231,600
- Median rent
- $1,367/moState: $1,129
- Homeowners
- 72.2%
- Bachelor's degree or higher
- 58%
- Average commute
- 17 min
Is Shoreham a good place to live?
Pros: Median household income 56% higher than the Michigan median; an average commute of 17 minutes; unemployment of 1%; a poverty rate of 2.5%.
Cons: Home values 32% higher than the state median.
The weather is best in June to September.
Cost of living in Shoreham
Housing is the biggest part of the cost of living. In Shoreham the median home value is $304,800, 8% lower than the U.S. median. Renters pay a median of $1,367 per month, which is 24.7% of household income. Homeowners with a mortgage pay $1,984 a month in housing costs.
Shoreham median household income
The median household income in Shoreham is $113,750 and the income per person is $66,859. 2.5% of residents live below the poverty line (Michigan: 13.2%).
Housing in Shoreham: homes for sale and rent
- Housing units
- 575
- Owner-occupied
- 72.2%
- Renter-occupied
- 27.8%
- Vacant
- 20%Includes seasonal homes
- Median year built
- 1978
- Average household size
- 2.39
Shoreham demographics
- Population
- 1,100
- Median age
- 44.8
- Under 18
- 25.1%
- 65 and older
- 20.5%
- Households
- 460
- Foreign-born
- 13.5%
- Veterans
- 8.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Shoreham ›
Education in Shoreham
58% of adults 25 and older in Shoreham have a bachelor's degree or higher (Michigan: 32.4%), and 29.4% have a graduate or professional degree.
Jobs and commute in Shoreham
- Unemployment rate
- 1%State: 5.7%
- Average commute
- 17 minState: 24 min
- Work from home
- 23.9%
- Drive alone
- 72.6%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 86.7%
Shoreham vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Shoreham | 1,100 | $113,750 | $304,800 | $1,367 |
| St. Joseph | 7,986 | $84,057 | $299,000 | $1,081 |
| Stevensville | 1,095 | $64,125 | $191,200 | $1,200 |
| Fair Plain | 7,330 | $52,817 | $169,400 | $1,019 |
| Benton Harbor | 8,953 | $31,117 | $76,500 | $851 |
| Benton Heights | 3,078 | $33,542 | $97,700 | $612 |
| Baroda | 859 | $65,750 | $158,800 | $994 |
| Bridgman | 2,077 | $66,603 | $238,400 | $1,008 |
| Millburg | 568 | $62,976 | $136,500 | $1,167 |
More for people moving to Shoreham
Shoreham ZIP code ›Weather and climate ›Living in Shoreham: FAQ
What is the median household income in Shoreham, MI?
The median household income in Shoreham is $113,750, 56% 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 Shoreham?
The median home value in Shoreham is $304,800, compared with $231,600 in Michigan.
How much is rent in Shoreham?
The median gross rent in Shoreham is $1,367 per month, about 24.7% of household income.
Is Shoreham, MI a good place to live?
Pluses: median household income 56% higher than the Michigan median; an average commute of 17 minutes; unemployment of 1%; a poverty rate of 2.5%. Minuses: home values 32% higher than the state median.
What is the median age in Shoreham?
The median age in Shoreham is 44.8 years (Michigan: 40.2).
How long is the commute in Shoreham?
The average commute to work in Shoreham is 17 minutes; 23.9% of workers work from home.
What is the unemployment rate in Shoreham?
The unemployment rate in Shoreham is 1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Shoreham?
58% of adults in Shoreham 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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