Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 43.0 yrs |
|---|---|
| Avg HH Size | 2.45 |
| Below Poverty | 14.8% ▲ 48% above avg |
| College Grads | 29.2% ▼ 25% below avg |
| Unemployment | 6.1% ▲ 25% above avg |
| No HS Diploma | 390 (2.4%) |
| HS Graduate | 5,530 (34.1%) |
| Some College | 2,997 (18.5%) |
| Associates | 2,573 (15.8%) |
| Bachelors | 1,660 (10.2%) |
| Graduate Degree | 3,084 (19%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $59,649 ▼ 22% below avg |
|---|---|
| Median Home Value | $155,000 ▼ 44% below avg |
| Home/Income Ratio | 2.6x (nat avg ~3.5x) |
| Median Rent | $913/mo |
| Total Housing Units | 11,663 |
| Vacant Units | 2,344 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Coldwater is a city in Michigan, located in Branch County. The city spans 1 ZIP code and is home to approximately 24,697 residents. It is a middle-aged city, with a median age of 43 years.
Economically, Coldwater is a solidly middle-class community. The median household income of $59,649 is below the national average. Approximately 14.8% of residents live below the poverty line. The unemployment rate is 6.1%, above the national average.
The real estate market in Coldwater is an affordable housing market. Median home values stand at $155,000, which is below the national average. Renters typically pay around $913 per month. Homeownership is high at 74.7%, typical of suburban and family-oriented communities.
The population of Coldwater is moderately educated. 29.2% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (86.36%).
Coldwater, MI offers residents a cost-conscious lifestyle within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 49036 | 24,697 | $59,649 | $155,000 | $913 | 6.1% | 29.2% | 74.7% |