Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 51.4 yrs |
|---|---|
| Avg HH Size | 3.12 |
| Below Poverty | 1.1% ▼ 89% below avg |
| College Grads | 41.4% ≈ Avg |
| Unemployment | 4.9% ≈ Avg |
| No HS Diploma | 2 (1.2%) |
| HS Graduate | 41 (24.3%) |
| Some College | 52 (30.8%) |
| Associates | 4 (2.4%) |
| Bachelors | 16 (9.5%) |
| Graduate Degree | 54 (32%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $125,938 ▲ 65% above avg |
|---|---|
| Median Home Value | $272,400 ≈ Avg |
| Home/Income Ratio | 2.2x (nat avg ~3.5x) |
| Total Housing Units | 175 |
| Vacant Units | 117 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Elberta is a city in Michigan, located in Benzie County. The city spans 1 ZIP code and is home to approximately 181 residents. It is a mature city, with a median age of 51.4 years.
Economically, Elberta is a upper-middle-income community. The median household income of $125,938 is significantly above the national average. Approximately 1.1% of residents live below the poverty line. The unemployment rate is 4.9%, near the national average.
The real estate market in Elberta is a mid-range housing market. Median home values stand at $272,400, which is near the national average. Homeownership is high at 96.6%, typical of suburban and family-oriented communities.
The population of Elberta is well-educated. 41.4% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (75.69%).
Elberta, MI offers residents above-average earning potential within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 49628 | 181 | $125,938 | $272,400 | — | 4.9% | 41.4% | 96.6% |