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Fraser, 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
14,583
Population
$64,354
Median Income
$215,900
Home Value
43.0
Median Age

Demographics

Fraser has a population of 14,583 with a median age of 43.0. Here is the racial and ethnic breakdown of the population:

White
80.0%
Black
10.1%
Other
5.6%
Hispanic
2.6%
Asian
1.7%
Demographic Value
Total Population14,583
Median Age43.0
White80.0%
Black or African American10.1%
Asian1.7%
Hispanic or Latino2.6%
Other / Two or More Races5.6%
Fraser, Michigan — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 80.0%Black: 10.1%Other: 5.6%Hispanic/Latino: 2.6%Other: 1.7%14,583PopulationWhiteWhite80.0%BlackBlack10.1%OtherOther5.6%Hispanic/LatinoHispanic/Latino2.6%OtherOther1.7%

Income & Economy

The median household income in Fraser is $64,354, which is 20.2% below the national median of $80,610. The per capita income is $43,471. The poverty rate is 10.4%.

$64,354
Median Household Income
$43,471
Per Capita Income
10.4%
Poverty Rate

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Education

In Fraser, 91.4% of residents age 25+ have a high school diploma or higher, and 22.7% hold a bachelor's degree or higher (5.5% with a graduate or professional degree).

HS Diploma+
91.4%
Bachelor's+
22.7%
Graduate+
5.5%
Education Level % of Adults (25+)
High School Diploma or Higher91.4%
Bachelor's Degree or Higher22.7%
Graduate or Professional Degree5.5%

Housing

The median home value in Fraser is $215,900, below the national median of $303,400. The median monthly rent is $843. The homeownership rate is 73.3%.

$215,900
Median Home Value
$843/mo
Median Rent
73.3%
Homeownership Rate
Housing Metric Value
Median Home Value$215,900
Median Monthly Rent$843
Homeownership Rate73.3%
Vacancy Rate4.0%

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 Fraser, Michigan?
The population of Fraser, Michigan is 14,583 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Fraser, Michigan?
The median household income in Fraser, Michigan is $64,354. This is 20.2% below the national median of $80,610.
What is the median home value in Fraser, Michigan?
The median home value in Fraser, Michigan is $215,900. The median monthly rent is $843.
What percentage of people in Fraser have a college degree?
In Fraser, Michigan, 22.7% of adults age 25 and older hold a bachelor's degree or higher, and 91.4% have a high school diploma or higher.
Is Fraser, Michigan an affordable place to live?
The home price-to-income ratio in Fraser, Michigan is 3.4x (median home value $215,900 vs. median income $64,354), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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