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Beechwood, 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
2,776
Population
$71,275
Median Income
$277,800
Home Value
35.6
Median Age

Demographics

Beechwood has a population of 2,776 with a median age of 35.6. Here is the racial and ethnic breakdown of the population:

White
77.8%
Hispanic
13.9%
Asian
4.7%
Black
4.4%
Demographic Value
Total Population2,776
Median Age35.6
White77.8%
Black or African American4.4%
Asian4.7%
Hispanic or Latino13.9%
Beechwood, Michigan — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 101.White: 77.2%Hispanic/Latino: 13.8%Asian: 4.7%Black: 4.4%2,776PopulationWhiteWhite77.2%Hispanic/LatinoHispanic/Latino13.8%AsianAsian4.7%BlackBlack4.4%

Income & Economy

The median household income in Beechwood is $71,275, which is 11.6% below the national median of $80,610. The per capita income is $39,077. The poverty rate is 29.3%.

$71,275
Median Household Income
$39,077
Per Capita Income
29.3%
Poverty Rate

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Education

In Beechwood, 81.2% of residents age 25+ have a high school diploma or higher, and 32.2% hold a bachelor's degree or higher (9.6% with a graduate or professional degree).

HS Diploma+
81.2%
Bachelor's+
32.2%
Graduate+
9.6%
Education Level % of Adults (25+)
High School Diploma or Higher81.2%
Bachelor's Degree or Higher32.2%
Graduate or Professional Degree9.6%

Housing

The median home value in Beechwood is $277,800, below the national median of $303,400. The median monthly rent is $871. The homeownership rate is 58.9%.

$277,800
Median Home Value
$871/mo
Median Rent
58.9%
Homeownership Rate
Housing Metric Value
Median Home Value$277,800
Median Monthly Rent$871
Homeownership Rate58.9%
Vacancy Rate9.9%

Salaries in Michigan

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Frequently Asked Questions

What is the population of Beechwood, Michigan?
The population of Beechwood, Michigan is 2,776 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Beechwood, Michigan?
The median household income in Beechwood, Michigan is $71,275. This is 11.6% below the national median of $80,610.
What is the median home value in Beechwood, Michigan?
The median home value in Beechwood, Michigan is $277,800. The median monthly rent is $871.
What percentage of people in Beechwood have a college degree?
In Beechwood, Michigan, 32.2% of adults age 25 and older hold a bachelor's degree or higher, and 81.2% have a high school diploma or higher.
Is Beechwood, Michigan an affordable place to live?
The home price-to-income ratio in Beechwood, Michigan is 3.9x (median home value $277,800 vs. median income $71,275), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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