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Painesdale, 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
416
Population
$63,750
Median Income
$92,800
Home Value
31.0
Median Age

Demographics

Painesdale has a population of 416 with a median age of 31.0. Here is the racial and ethnic breakdown of the population:

White
98.6%
Other
1.4%
Demographic Value
Total Population416
Median Age31.0
White98.6%
Other / Two or More Races1.4%
Painesdale, Michigan — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 98.6%Other: 1.4%416PopulationWhiteWhite98.6%OtherOther1.4%

Income & Economy

The median household income in Painesdale is $63,750, which is 20.9% below the national median of $80,610. The per capita income is $30,475. The poverty rate is 13.3%.

$63,750
Median Household Income
$30,475
Per Capita Income
13.3%
Poverty Rate

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Education

In Painesdale, 97.6% of residents age 25+ have a high school diploma or higher, and 23.3% hold a bachelor's degree or higher (13.3% with a graduate or professional degree).

HS Diploma+
97.6%
Bachelor's+
23.3%
Graduate+
13.3%
Education Level % of Adults (25+)
High School Diploma or Higher97.6%
Bachelor's Degree or Higher23.3%
Graduate or Professional Degree13.3%

Housing

The median home value in Painesdale is $92,800, below the national median of $303,400. The homeownership rate is 96.4%.

$92,800
Median Home Value
96.4%
Homeownership Rate
Housing Metric Value
Median Home Value$92,800
Homeownership Rate96.4%
Vacancy Rate23.0%

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 Painesdale, Michigan?
The population of Painesdale, Michigan is 416 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Painesdale, Michigan?
The median household income in Painesdale, Michigan is $63,750. This is 20.9% below the national median of $80,610.
What is the median home value in Painesdale, Michigan?
The median home value in Painesdale, Michigan is $92,800.
What percentage of people in Painesdale have a college degree?
In Painesdale, Michigan, 23.3% of adults age 25 and older hold a bachelor's degree or higher, and 97.6% have a high school diploma or higher.
Is Painesdale, Michigan an affordable place to live?
The home price-to-income ratio in Painesdale, Michigan is 1.5x (median home value $92,800 vs. median income $63,750), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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