Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 44.7 yrs |
|---|---|
| Avg HH Size | 2.55 |
| Below Poverty | 7.2% ▼ 28% below avg |
| College Grads | 49.8% ▲ 28% above avg |
| Unemployment | 3.6% ▼ 27% below avg |
| HS Graduate | 738 (27.4%) |
| Some College | 267 (9.9%) |
| Associates | 346 (12.9%) |
| Bachelors | 206 (7.7%) |
| Graduate Degree | 1,133 (42.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $92,794 ▲ 22% above avg |
|---|---|
| Median Home Value | $342,300 ▲ 23% above avg |
| Home/Income Ratio | 3.7x (nat avg ~3.5x) |
| Median Rent | $1,059/mo |
| Total Housing Units | 2,047 |
| Vacant Units | 605 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Cedar is a city in Michigan, located in Leelanau County. The city spans 1 ZIP code and is home to approximately 3,701 residents. It is a middle-aged city, with a median age of 44.7 years.
Economically, Cedar is a middle-income community. The median household income of $92,794 is above the national average. Approximately 7.2% of residents live below the poverty line. The unemployment rate is 3.6%, below the national average.
The real estate market in Cedar is a mid-range housing market. Median home values stand at $342,300, which is above the national average. Renters typically pay around $1,059 per month. Homeownership is high at 90.2%, typical of suburban and family-oriented communities.
The population of Cedar is well-educated. 49.8% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (94.19%).
Cedar, MI offers residents above-average earning potential within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 49621 | 3,701 | $92,794 | $342,300 | $1,059 | 3.6% | 49.8% | 90.2% |