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Shaftsburg, 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
441
Population
$94,100
Median Income
$233,400
Home Value
54.0
Median Age

Demographics

Shaftsburg has a population of 441 with a median age of 54.0. Here is the racial and ethnic breakdown of the population:

White
95.5%
Other
3.8%
Asian
0.7%
Demographic Value
Total Population441
Median Age54.0
White95.5%
Asian0.7%
Other / Two or More Races3.8%
Shaftsburg, Michigan — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 95.5%Other: 3.8%Other: 0.7%441PopulationWhiteWhite95.5%OtherOther3.8%OtherOther0.7%

Income & Economy

The median household income in Shaftsburg is $94,100, which is 16.7% above the national median of $80,610. The per capita income is $41,043. The poverty rate is 2.9%.

$94,100
Median Household Income
$41,043
Per Capita Income
2.9%
Poverty Rate

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Education

In Shaftsburg, 100.0% of residents age 25+ have a high school diploma or higher, and 4.5% hold a bachelor's degree or higher (2.8% with a graduate or professional degree).

HS Diploma+
100.0%
Bachelor's+
4.5%
Graduate+
2.8%
Education Level % of Adults (25+)
High School Diploma or Higher100.0%
Bachelor's Degree or Higher4.5%
Graduate or Professional Degree2.8%

Housing

The median home value in Shaftsburg is $233,400, below the national median of $303,400. The homeownership rate is 99.5%.

$233,400
Median Home Value
99.5%
Homeownership Rate
Housing Metric Value
Median Home Value$233,400
Homeownership Rate99.5%
Vacancy Rate22.1%

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 Shaftsburg, Michigan?
The population of Shaftsburg, Michigan is 441 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Shaftsburg, Michigan?
The median household income in Shaftsburg, Michigan is $94,100. This is 16.7% above the national median of $80,610.
What is the median home value in Shaftsburg, Michigan?
The median home value in Shaftsburg, Michigan is $233,400.
What percentage of people in Shaftsburg have a college degree?
In Shaftsburg, Michigan, 4.5% of adults age 25 and older hold a bachelor's degree or higher, and 100.0% have a high school diploma or higher.
Is Shaftsburg, Michigan an affordable place to live?
The home price-to-income ratio in Shaftsburg, Michigan is 2.5x (median home value $233,400 vs. median income $94,100), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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