Living in Vassar, Michigan
Cost of living, income, home prices, rent and demographics of Vassar · Census data 2020–2024
Vassar has 2,707 residents with a median age of 38.5. The median household income is $59,444 (18% lower than the Michigan median), the median home value is $143,200, the median rent is $744/month.
Vassar at a glance
- Population
- 2,707
- Median age
- 38.5State: 40.2
- Median household income
- $59,444State: $72,875
- Median home value
- $143,200State: $231,600
- Median rent
- $744/moState: $1,129
- Homeowners
- 68.6%
- Bachelor's degree or higher
- 17.4%
- Average commute
- 30 min
Is Vassar a good place to live?
Pros: Home values 38% lower than the state median.
Cons: Median household income 18% lower than the Michigan median; an average commute of 30 minutes; unemployment of 10.9%; a poverty rate of 14.8%.
The weather is best in June to September.
Cost of living in Vassar
Housing is the biggest part of the cost of living. In Vassar the median home value is $143,200, 57% lower than the U.S. median. Renters pay a median of $744 per month, which is 27.6% of household income. Homeowners with a mortgage pay $1,184 a month in housing costs.
Vassar median household income
The median household income in Vassar is $59,444 and the income per person is $28,221. 14.8% of residents live below the poverty line (Michigan: 13.2%).
Housing in Vassar: homes for sale and rent
- Housing units
- 1,160
- Owner-occupied
- 68.6%
- Renter-occupied
- 31.4%
- Vacant
- 4.7%Includes seasonal homes
- Median year built
- 1964
- Average household size
- 2.29
Vassar demographics
- Population
- 2,707
- Median age
- 38.5
- Under 18
- 22.7%
- 65 and older
- 17.4%
- Households
- 1,106
- Foreign-born
- 1.5%
- Veterans
- 3.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Vassar ›
Education in Vassar
17.4% of adults 25 and older in Vassar have a bachelor's degree or higher (Michigan: 32.4%), and 6.3% have a graduate or professional degree.
Jobs and commute in Vassar
- Unemployment rate
- 10.9%State: 5.7%
- Average commute
- 30 minState: 24 min
- Work from home
- 6.2%
- Drive alone
- 75.6%
- Public transit
- 0%
- Walk to work
- 2.3%
- Homes with broadband
- 85.4%
Vassar vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Vassar | 2,707 | $59,444 | $143,200 | $744 |
| Millington | 1,122 | $56,250 | $118,000 | $894 |
| Reese | 1,274 | $82,361 | $174,700 | $879 |
| Frankenmuth | 5,157 | $85,433 | $300,500 | $851 |
| Fairgrove | 547 | $42,500 | $78,600 | $842 |
| Mayville | 1,045 | $52,500 | $121,300 | $669 |
| Caro | 4,290 | $41,595 | $102,700 | $753 |
| Otter Lake | 379 | $42,969 | $101,400 | $1,292 |
| Fostoria | 1,050 | $97,434 | $123,300 | $1,007 |
More for people moving to Vassar
Vassar ZIP code ›Weather and climate ›Living in Vassar: FAQ
What is the median household income in Vassar, MI?
The median household income in Vassar is $59,444, 18% 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 Vassar?
The median home value in Vassar is $143,200, compared with $231,600 in Michigan.
How much is rent in Vassar?
The median gross rent in Vassar is $744 per month, about 27.6% of household income.
Is Vassar, MI a good place to live?
Pluses: home values 38% lower than the state median. Minuses: median household income 18% lower than the Michigan median; an average commute of 30 minutes; unemployment of 10.9%; a poverty rate of 14.8%.
What is the median age in Vassar?
The median age in Vassar is 38.5 years (Michigan: 40.2).
How long is the commute in Vassar?
The average commute to work in Vassar is 30 minutes; 6.2% of workers work from home.
What is the unemployment rate in Vassar?
The unemployment rate in Vassar is 10.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Vassar?
17.4% of adults in Vassar 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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