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Fostoria, 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
1,050
Population
$97,434
Median Income
$123,300
Home Value
44.8
Median Age

Demographics

Fostoria has a population of 1,050 with a median age of 44.8. Here is the racial and ethnic breakdown of the population:

White
93.0%
Hispanic
3.5%
Other
3.5%
Demographic Value
Total Population1,050
Median Age44.8
White93.0%
Hispanic or Latino3.5%
Other / Two or More Races3.5%
Fostoria, Michigan — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 93.0%Hispanic/Latino: 3.5%Other: 3.5%1,050PopulationWhiteWhite93.0%Hispanic/LatinoHispanic/Latino3.5%OtherOther3.5%

Income & Economy

The median household income in Fostoria is $97,434, which is 20.9% above the national median of $80,610. The per capita income is $38,644. The poverty rate is 8.2%.

$97,434
Median Household Income
$38,644
Per Capita Income
8.2%
Poverty Rate

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Education

In Fostoria, 92.7% of residents age 25+ have a high school diploma or higher, and 7.8% hold a bachelor's degree or higher.

HS Diploma+
92.7%
Bachelor's+
7.8%
Education Level % of Adults (25+)
High School Diploma or Higher92.7%
Bachelor's Degree or Higher7.8%

Housing

The median home value in Fostoria is $123,300, below the national median of $303,400. The median monthly rent is $1,007. The homeownership rate is 90.7%.

$123,300
Median Home Value
$1,007/mo
Median Rent
90.7%
Homeownership Rate
Housing Metric Value
Median Home Value$123,300
Median Monthly Rent$1,007
Homeownership Rate90.7%
Vacancy Rate1.3%

Salaries in Michigan

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Other Cities in Michigan

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Frequently Asked Questions

What is the population of Fostoria, Michigan?
The population of Fostoria, Michigan is 1,050 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Fostoria, Michigan?
The median household income in Fostoria, Michigan is $97,434. This is 20.9% above the national median of $80,610.
What is the median home value in Fostoria, Michigan?
The median home value in Fostoria, Michigan is $123,300. The median monthly rent is $1,007.
What percentage of people in Fostoria have a college degree?
In Fostoria, Michigan, 7.8% of adults age 25 and older hold a bachelor's degree or higher, and 92.7% have a high school diploma or higher.
Is Fostoria, Michigan an affordable place to live?
The home price-to-income ratio in Fostoria, Michigan is 1.3x (median home value $123,300 vs. median income $97,434), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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