Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 62.9 yrs |
|---|---|
| Avg HH Size | 1.94 |
| Below Poverty | 9.3% ≈ Avg |
| College Grads | 55.1% ▲ 42% above avg |
| Unemployment | 7.4% ▲ 52% above avg |
| No HS Diploma | 4 (0.7%) |
| HS Graduate | 105 (17.7%) |
| Some College | 46 (7.8%) |
| Associates | 111 (18.7%) |
| Bachelors | 48 (8.1%) |
| Graduate Degree | 279 (47%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $70,000 ▼ 8% below avg |
|---|---|
| Median Home Value | $322,400 ▲ 16% above avg |
| Home/Income Ratio | 4.6x (nat avg ~3.5x) |
| Median Rent | $817/mo |
| Total Housing Units | 966 |
| Vacant Units | 578 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Beaver Island is a city in Michigan, located in Charlevoix County. The city spans 1 ZIP code and is home to approximately 752 residents. It is an older city, with a median age of 62.9 years.
Economically, Beaver Island is a solidly middle-class community. The median household income of $70,000 is near the national average. Approximately 9.3% of residents live below the poverty line. The unemployment rate is 7.4%, significantly above the national average.
The real estate market in Beaver Island is a mid-range housing market. Median home values stand at $322,400, which is above the national average. Renters typically pay around $817 per month. Homeownership is high at 93.3%, typical of suburban and family-oriented communities.
The population of Beaver Island is well-educated. 55.1% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (92.95%).
Beaver Island, MI offers residents a cost-conscious lifestyle within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 49782 | 752 | $70,000 | $322,400 | $817 | 7.4% | 55.1% | 93.3% |