Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.9 yrs |
|---|---|
| Avg HH Size | 2.53 |
| Below Poverty | 12.4% ▲ 24% above avg |
| College Grads | 34.9% ▼ 10% below avg |
| Unemployment | 4.6% ≈ Avg |
| HS Graduate | 503 (31.1%) |
| Some College | 204 (12.6%) |
| Associates | 346 (21.4%) |
| Bachelors | 120 (7.4%) |
| Graduate Degree | 445 (27.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $70,726 ≈ Avg |
|---|---|
| Median Home Value | $205,100 ▼ 26% below avg |
| Home/Income Ratio | 2.9x (nat avg ~3.5x) |
| Median Rent | $803/mo |
| Total Housing Units | 1,313 |
| Vacant Units | 339 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Addison is a city in Michigan, located in Lenawee County. The city spans 1 ZIP code and is home to approximately 2,468 residents. It is a middle-aged city, with a median age of 39.9 years.
Economically, Addison is a solidly middle-class community. The median household income of $70,726 is near the national average. Approximately 12.4% of residents live below the poverty line. The unemployment rate is 4.6%, near the national average.
The real estate market in Addison is an affordable housing market. Median home values stand at $205,100, which is below the national average. Renters typically pay around $803 per month. Homeownership is high at 85.5%, typical of suburban and family-oriented communities.
The population of Addison is moderately educated. 34.9% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (95.62%).
Addison, MI offers residents a cost-conscious lifestyle within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 49220 | 2,468 | $70,726 | $205,100 | $803 | 4.6% | 34.9% | 85.5% |