City

Gaastra, MI

1 ZIP code  ·  Iron County  ·  Michigan

👥404Population
💰$54,583Median HH Income▼ 28% below avg
🎂46.7Median Age
🏠$65,500Median Home Value▼ 77% below avg
🎓27.2%College Grads▼ 30% below avg
📊0.7%Unemployment▼ 85% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 47.0% Female 53.0% ♀

Race & Ethnicity

White: 72.3%Hispanic: 5.5%Black: 8.7%Asian: 1.5%Other: 4.2%Race
White72.3%
Hispanic5.5%
Black8.7%
Asian1.5%
Other4.2%

Age Breakdown

Under 5
10%
5–17
16%
18–24
1%
25–44
20%
45–64
35%
65+
7%

Key Indicators

Median Age46.7 yrs
Avg HH Size2.76
Below Poverty17.1% ▲ 71% above avg
College Grads27.2% ▼ 30% below avg
Unemployment0.7% ▼ 85% below avg
HS Graduate99 (34.1%)
Some College61 (21%)
Associates51 (17.6%)
Bachelors14 (4.8%)
Graduate Degree65 (22.4%)

Education

HS Grad: 34.1%Some College: 21%Associates: 17.6%Bachelors: 4.8%Graduate: 22.4%Edu
HS Grad34.1%
Some College21.0%
Associates17.6%
Bachelors4.8%
Graduate22.4%
Housing & Income

Housing Tenure

Owner: 97%Renter: 3%Tenure
Owner97.0%
Renter3.0%

Home Value Distribution

Under $50k
43%
$50k–$100k
23%
$100k–$150k
10%
$150k–$200k
7%
$200k–$300k
10%
$300k–$500k
4%
Over $500k
3%

Financials

Median HH Income$54,583 ▼ 28% below avg
Median Home Value$65,500 ▼ 77% below avg
Home/Income Ratio1.2x (nat avg ~3.5x)
Total Housing Units201
Vacant Units68

Income Distribution

Under $25k
20%
$25k–$50k
16%
$50k–$75k
32%
$75k–$100k
14%
$100k–$150k
10%
$150k–$200k
3%
Over $200k
4%
Employment & Commute

How People Get to Work

Drove Alone
94%
Work From Home
6%

Commute Time

Under 15 min
45%
15–30 min
24%
30–45 min
6%
Over 45 min
24%
Housing Stock

Year Built

Before 1940
2%
1940s–1950s
13%
1960s–1970s
6%
1980s–1990s
14%
2000+
65%
About Gaastra, MI

Gaastra is a city in Michigan, located in Iron County. The city spans 1 ZIP code and is home to approximately 404 residents. It is a mature city, with a median age of 46.7 years.

Economically, Gaastra is a working-class community. The median household income of $54,583 is below the national average. Approximately 17.1% of residents live below the poverty line. The unemployment rate is 0.7%, well below the national average.

The real estate market in Gaastra is one of the more affordable housing markets in the country. Median home values stand at $65,500, which is well below the national average. Homeownership is high at 97.0%, typical of suburban and family-oriented communities.

The population of Gaastra is moderately educated. 27.2% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (72.28%).

Gaastra, MI offers residents a cost-conscious lifestyle within Michigan.

ZIP Codes in Gaastra
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
49927 404 $54,583 $65,500 0.7% 27.2% 97.0%