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Vanderbilt, 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
341
Population
$53,958
Median Income
$121,200
Home Value
54.1
Median Age

Demographics

Vanderbilt has a population of 341 with a median age of 54.1. Here is the racial and ethnic breakdown of the population:

White
90.9%
Other
6.4%
Hispanic
1.8%
Asian
0.9%
Demographic Value
Total Population341
Median Age54.1
White90.9%
Asian0.9%
Hispanic or Latino1.8%
Other / Two or More Races6.4%
Vanderbilt, Michigan — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 90.9%Other: 6.4%Other: 2.7%341PopulationWhiteWhite90.9%OtherOther6.4%OtherOther2.7%

Income & Economy

The median household income in Vanderbilt is $53,958, which is 33.1% below the national median of $80,610. The per capita income is $35,093. The poverty rate is 9.1%.

$53,958
Median Household Income
$35,093
Per Capita Income
9.1%
Poverty Rate

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Education

In Vanderbilt, 79.9% of residents age 25+ have a high school diploma or higher, and 4.6% hold a bachelor's degree or higher (0.4% with a graduate or professional degree).

HS Diploma+
79.9%
Bachelor's+
4.6%
Graduate+
0.4%
Education Level % of Adults (25+)
High School Diploma or Higher79.9%
Bachelor's Degree or Higher4.6%
Graduate or Professional Degree0.4%

Housing

The median home value in Vanderbilt is $121,200, below the national median of $303,400. The median monthly rent is $920. The homeownership rate is 68.2%.

$121,200
Median Home Value
$920/mo
Median Rent
68.2%
Homeownership Rate
Housing Metric Value
Median Home Value$121,200
Median Monthly Rent$920
Homeownership Rate68.2%
Vacancy Rate8.0%

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 Vanderbilt, Michigan?
The population of Vanderbilt, Michigan is 341 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Vanderbilt, Michigan?
The median household income in Vanderbilt, Michigan is $53,958. This is 33.1% below the national median of $80,610.
What is the median home value in Vanderbilt, Michigan?
The median home value in Vanderbilt, Michigan is $121,200. The median monthly rent is $920.
What percentage of people in Vanderbilt have a college degree?
In Vanderbilt, Michigan, 4.6% of adults age 25 and older hold a bachelor's degree or higher, and 79.9% have a high school diploma or higher.
Is Vanderbilt, Michigan an affordable place to live?
The home price-to-income ratio in Vanderbilt, Michigan is 2.2x (median home value $121,200 vs. median income $53,958), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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