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Breckenridge, 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
1,517
Population
$57,540
Median Income
$111,500
Home Value
39.5
Median Age

Demographics

Breckenridge has a population of 1,517 with a median age of 39.5. Here is the racial and ethnic breakdown of the population:

White
88.5%
Hispanic
11.8%
Demographic Value
Total Population1,517
Median Age39.5
White88.5%
Black or African American0.1%
Hispanic or Latino11.8%
Breckenridge, Michigan — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 88.1%Hispanic/Latino: 11.8%Other: 0.1%1,517PopulationWhiteWhite88.1%Hispanic/LatinoHispanic/Latino11.8%OtherOther0.1%

Income & Economy

The median household income in Breckenridge is $57,540, which is 28.6% below the national median of $80,610. The per capita income is $26,826. The poverty rate is 18.0%.

$57,540
Median Household Income
$26,826
Per Capita Income
18.0%
Poverty Rate

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Education

In Breckenridge, 93.4% of residents age 25+ have a high school diploma or higher, and 12.2% hold a bachelor's degree or higher (4.4% with a graduate or professional degree).

HS Diploma+
93.4%
Bachelor's+
12.2%
Graduate+
4.4%
Education Level % of Adults (25+)
High School Diploma or Higher93.4%
Bachelor's Degree or Higher12.2%
Graduate or Professional Degree4.4%

Housing

The median home value in Breckenridge is $111,500, below the national median of $303,400. The median monthly rent is $731. The homeownership rate is 65.4%.

$111,500
Median Home Value
$731/mo
Median Rent
65.4%
Homeownership Rate
Housing Metric Value
Median Home Value$111,500
Median Monthly Rent$731
Homeownership Rate65.4%
Vacancy Rate3.5%

Salaries in Michigan

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Frequently Asked Questions

What is the population of Breckenridge, Michigan?
The population of Breckenridge, Michigan is 1,517 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Breckenridge, Michigan?
The median household income in Breckenridge, Michigan is $57,540. This is 28.6% below the national median of $80,610.
What is the median home value in Breckenridge, Michigan?
The median home value in Breckenridge, Michigan is $111,500. The median monthly rent is $731.
What percentage of people in Breckenridge have a college degree?
In Breckenridge, Michigan, 12.2% of adults age 25 and older hold a bachelor's degree or higher, and 93.4% have a high school diploma or higher.
Is Breckenridge, Michigan an affordable place to live?
The home price-to-income ratio in Breckenridge, Michigan is 1.9x (median home value $111,500 vs. median income $57,540), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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