Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 57.1 yrs |
|---|---|
| Avg HH Size | 2.14 |
| Below Poverty | 13.6% ▲ 36% above avg |
| College Grads | 31.0% ▼ 20% below avg |
| Unemployment | 7.0% ▲ 42% above avg |
| No HS Diploma | 17 (1.5%) |
| HS Graduate | 467 (40.8%) |
| Some College | 141 (12.3%) |
| Associates | 164 (14.3%) |
| Bachelors | 129 (11.3%) |
| Graduate Degree | 226 (19.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $50,563 ▼ 34% below avg |
|---|---|
| Median Home Value | $162,200 ▼ 42% below avg |
| Home/Income Ratio | 3.2x (nat avg ~3.5x) |
| Median Rent | $857/mo |
| Total Housing Units | 1,489 |
| Vacant Units | 816 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Branch is a city in Michigan, located in Lake County. The city spans 1 ZIP code and is home to approximately 1,455 residents. It is an older city, with a median age of 57.1 years.
Economically, Branch is a working-class community. The median household income of $50,563 is below the national average. Approximately 13.6% of residents live below the poverty line. The unemployment rate is 7.0%, above the national average.
The real estate market in Branch is an affordable housing market. Median home values stand at $162,200, which is below the national average. Renters typically pay around $857 per month. Homeownership is high at 94.7%, typical of suburban and family-oriented communities.
The population of Branch is moderately educated. 31.0% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (87.15%).
Branch, MI offers residents a cost-conscious lifestyle within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 49402 | 1,455 | $50,563 | $162,200 | $857 | 7.0% | 31.0% | 94.7% |