Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 47.4 yrs |
|---|---|
| Avg HH Size | 2.47 |
| Below Poverty | 22.8% ▲ 128% above avg |
| College Grads | 17.9% ▼ 54% below avg |
| Unemployment | 5.0% ≈ Avg |
| No HS Diploma | 52 (1.8%) |
| HS Graduate | 1,202 (41.2%) |
| Some College | 649 (22.3%) |
| Associates | 490 (16.8%) |
| Bachelors | 167 (5.7%) |
| Graduate Degree | 355 (12.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $39,567 ▼ 48% below avg |
|---|---|
| Median Home Value | $110,700 ▼ 60% below avg |
| Home/Income Ratio | 2.8x (nat avg ~3.5x) |
| Median Rent | $854/mo |
| Total Housing Units | 5,773 |
| Vacant Units | 3,993 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Baldwin is a city in Michigan, located in Lake County. The city spans 1 ZIP code and is home to approximately 4,680 residents. It is a mature city, with a median age of 47.4 years.
Economically, Baldwin is a lower-income community. The median household income of $39,567 is below the national average. Approximately 22.8% of residents live below the poverty line. The unemployment rate is 5.0%, near the national average.
The real estate market in Baldwin is one of the more affordable housing markets in the country. Median home values stand at $110,700, which is well below the national average. Renters typically pay around $854 per month. Homeownership is high at 73.1%, typical of suburban and family-oriented communities.
The population of Baldwin is less-educated. 17.9% of adults hold a bachelor's degree or higher — well below the national average. The community is majority White (68.38%).
Baldwin, MI offers residents a cost-conscious lifestyle within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 49304 | 4,680 | $39,567 | $110,700 | $854 | 5.0% | 17.9% | 73.1% |