Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 44.5 yrs |
|---|---|
| Avg HH Size | 2.38 |
| Below Poverty | 11.7% ▲ 17% above avg |
| College Grads | 29.1% ▼ 25% below avg |
| Unemployment | 6.7% ▲ 38% above avg |
| No HS Diploma | 5 (0.3%) |
| HS Graduate | 651 (40.8%) |
| Some College | 241 (15.1%) |
| Associates | 233 (14.6%) |
| Bachelors | 160 (10%) |
| Graduate Degree | 304 (19.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $62,409 ▼ 18% below avg |
|---|---|
| Median Home Value | $136,900 ▼ 51% below avg |
| Home/Income Ratio | 2.2x (nat avg ~3.5x) |
| Median Rent | $744/mo |
| Total Housing Units | 1,270 |
| Vacant Units | 271 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Hersey is a city in Michigan, located in Osceola County. The city spans 1 ZIP code and is home to approximately 2,420 residents. It is a middle-aged city, with a median age of 44.5 years.
Economically, Hersey is a solidly middle-class community. The median household income of $62,409 is below the national average. Approximately 11.7% of residents live below the poverty line. The unemployment rate is 6.7%, above the national average.
The real estate market in Hersey is one of the more affordable housing markets in the country. Median home values stand at $136,900, which is well below the national average. Renters typically pay around $744 per month. Homeownership is high at 88.1%, typical of suburban and family-oriented communities.
The population of Hersey is moderately educated. 29.1% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (89.55%).
Hersey, MI offers residents a cost-conscious lifestyle within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 49639 | 2,420 | $62,409 | $136,900 | $744 | 6.7% | 29.1% | 88.1% |