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Addison, Michigan

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
534
Population
$54,519
Median Income
$137,100
Home Value
39.0
Median Age

Demographics

Addison has a population of 534 with a median age of 39.0. Here is the racial and ethnic breakdown of the population:

White
92.1%
Other
5.7%
Hispanic
2.2%
Demographic Value
Total Population534
Median Age39.0
White92.1%
Hispanic or Latino2.2%
Other / Two or More Races5.7%
Addison, Michigan — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 92.1%Other: 5.7%Hispanic/Latino: 2.2%534PopulationWhiteWhite92.1%OtherOther5.7%Hispanic/LatinoHispanic/Latino2.2%

Income & Economy

The median household income in Addison is $54,519, which is 32.4% below the national median of $80,610. The per capita income is $24,763. The poverty rate is 17.1%.

$54,519
Median Household Income
$24,763
Per Capita Income
17.1%
Poverty Rate

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Education

In Addison, 85.4% of residents age 25+ have a high school diploma or higher, and 10.1% hold a bachelor's degree or higher (4.2% with a graduate or professional degree).

HS Diploma+
85.4%
Bachelor's+
10.1%
Graduate+
4.2%
Education Level % of Adults (25+)
High School Diploma or Higher85.4%
Bachelor's Degree or Higher10.1%
Graduate or Professional Degree4.2%

Housing

The median home value in Addison is $137,100, below the national median of $303,400. The median monthly rent is $643. The homeownership rate is 65.0%.

$137,100
Median Home Value
$643/mo
Median Rent
65.0%
Homeownership Rate
Housing Metric Value
Median Home Value$137,100
Median Monthly Rent$643
Homeownership Rate65.0%
Vacancy Rate6.7%

Salaries in Michigan

Explore salary data for popular occupations in Michigan:

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Other Cities in Michigan

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Frequently Asked Questions

What is the population of Addison, Michigan?
The population of Addison, Michigan is 534 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Addison, Michigan?
The median household income in Addison, Michigan is $54,519. This is 32.4% below the national median of $80,610.
What is the median home value in Addison, Michigan?
The median home value in Addison, Michigan is $137,100. The median monthly rent is $643.
What percentage of people in Addison have a college degree?
In Addison, Michigan, 10.1% of adults age 25 and older hold a bachelor's degree or higher, and 85.4% have a high school diploma or higher.
Is Addison, Michigan an affordable place to live?
The home price-to-income ratio in Addison, Michigan is 2.5x (median home value $137,100 vs. median income $54,519), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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