Living in Watersmeet, Michigan
Cost of living, income, home prices, rent and demographics of Watersmeet · Census data 2020–2024
Watersmeet has 250 residents with a median age of 38.5. The median household income is $63,452 (13% lower than the Michigan median), the median home value is $67,200.
Watersmeet is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Watersmeet at a glance
- Population
- 250
- Median age
- 38.5State: 40.2
- Median household income
- $63,452State: $72,875
- Median home value
- $67,200State: $231,600
- Homeowners
- 98.9%
- Bachelor's degree or higher
- 7.4%
- Average commute
- 11 min
Is Watersmeet a good place to live?
Pros: Home values 71% lower than the state median; an average commute of 11 minutes.
Cons: Median household income 13% lower than the Michigan median.
The weather is best in June to September.
Cost of living in Watersmeet
Housing is the biggest part of the cost of living. In Watersmeet the median home value is $67,200, 80% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $944 a month in housing costs.
Watersmeet median household income
The median household income in Watersmeet is $63,452 and the income per person is $29,887. 0% of residents live below the poverty line (Michigan: 13.2%).
Housing in Watersmeet: homes for sale and rent
- Housing units
- 154
- Owner-occupied
- 98.9%
- Renter-occupied
- 1.1%
- Vacant
- 40.3%Includes seasonal homes
- Median year built
- 1972
- Average household size
- 2.72
40.3% of homes are vacant most of the year, a sign that Watersmeet has many vacation and second homes.
Watersmeet demographics
- Population
- 250
- Median age
- 38.5
- Under 18
- 35.2%
- 65 and older
- 24%
- Households
- 92
- Foreign-born
- 0%
- Veterans
- 8%Adults 18+
Hispanic or Latino can be of any race. Population history of Watersmeet ›
Education in Watersmeet
7.4% of adults 25 and older in Watersmeet have a bachelor's degree or higher (Michigan: 32.4%), and 0% have a graduate or professional degree.
Jobs and commute in Watersmeet
- Unemployment rate
- 0%State: 5.7%
- Average commute
- 11 minState: 24 min
- Work from home
- 0%
- Drive alone
- 63.7%
- Public transit
- 0%
- Walk to work
- 10.6%
- Homes with broadband
- 89.1%
Watersmeet vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Watersmeet | 250 | $63,452 | $67,200 | — |
| Ewen | 281 | $60,625 | $77,500 | — |
| Bruce Crossing | 257 | $74,583 | $106,400 | — |
| Marenisco | 223 | $39,375 | $47,500 | — |
| Boulder Junction | 193 | $43,063 | $275,000 | $805 |
| Eagle River | 1,528 | $55,179 | $213,900 | $928 |
| Sayner | 213 | $33,750 | $244,600 | — |
| Bergland | 138 | $44,375 | $85,600 | $708 |
| Iron River | 3,002 | $54,183 | $85,000 | $486 |
More for people moving to Watersmeet
Watersmeet ZIP code ›Weather and climate ›Living in Watersmeet: FAQ
What is the median household income in Watersmeet, MI?
The median household income in Watersmeet is $63,452, 13% 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 Watersmeet?
The median home value in Watersmeet is $67,200, compared with $231,600 in Michigan.
Is Watersmeet, MI a good place to live?
Pluses: home values 71% lower than the state median; an average commute of 11 minutes. Minuses: median household income 13% lower than the Michigan median.
What is the median age in Watersmeet?
The median age in Watersmeet is 38.5 years (Michigan: 40.2).
How long is the commute in Watersmeet?
The average commute to work in Watersmeet is 11 minutes; 0% of workers work from home.
What is the unemployment rate in Watersmeet?
The unemployment rate in Watersmeet is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Watersmeet?
7.4% of adults in Watersmeet 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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